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TRUMP ADMINISTRATION - Attacking the Federal Reserve Chairman

TRUMP ADMINISTRATION - Attacking The Federal Reserve Chairman

"Why Trump attacked his Fed chair after 1st interest Rate cut in years" PBS NewsHour 7/31/2019

My answer, Trump's tax cut disaster.

Excerpt


SUMMARY:  The Federal Reserve cut a key short-term interest rate for the first time in a decade, lowering the federal funds rate a quarter point.  It had raised that rate, which reflects what banks charge each other for loans, in December.  But the news didn't satisfy Wall Street, where stocks fell significantly -- or President Trump.  Judy Woodruff talks to the Brookings Institution's David Wessel.



This post first appeared on Mage Soapbox, please read the originial post: here

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TRUMP ADMINISTRATION - Attacking the Federal Reserve Chairman

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