In veiled message to Trump, Powell warns against meddling on Fed rates
Federal Reserve Chairman Jerome Powell on Friday issued his sternest warning yet that politicians should not interfere with interest-rate policy, in what appeared to be a precautionary message to President Donald Trump. In a speech in Sweden, Powell indirectly referred to a previous Fed chairman, Arthur Burns, who was pressured by President Richard Nixon in … Continue reading In veiled message to Trump, Powell warns against meddling on Fed rates
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