Differences Between Similar Things Barnorama The administration’s effort to oust a fed governor as part of a pressure campaign for lower borrowing costs created an inescapable distraction at this year’s jackson hole conference. Brett arends's roi opinion: how trump is attacking officials to get the economy he wants here’s how things might look from jackson hole next year, if trump gets his way.
Differences Between Similar Things Barnorama On aug. 22, trump escalated his campaign against the fed’s independence by threatening to dismiss fed governor lisa cook after an administration official accused her of mortgage fraud. Trump has criticized powell for months because the chair has kept the short term interest rate the fed controls at 4.3% this year, after cutting it three times last year. Ex fed officials say trump’s attacks are cutting deep among rank and file staff, many of whom view themselves as stewards of the mission handed by congress to the central bank to keep. Us president donald trump renewed his attacks on the us central bank, hours after officials left interest rates unchanged despite his public calls for them to cut.
Differences Between Similar Things Barnorama Ex fed officials say trump’s attacks are cutting deep among rank and file staff, many of whom view themselves as stewards of the mission handed by congress to the central bank to keep. Us president donald trump renewed his attacks on the us central bank, hours after officials left interest rates unchanged despite his public calls for them to cut. President donald trump’s pressure campaign against the federal reserve and chair jerome powell to lower interest rates entered a new front this week.
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