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The president hasn’t named a successor to Jerome H. Powell, but his insistence on someone who will lower interest rates has ...
Theres a great story on the front page of the Wall Street Journal today, called Two Kevins Battle to Be Next Fed Chair in ...
The Fed operates with what is known as instrument independence, which means that it can raise or lower interest rates or buy ...
The squabbling between the president and the central bank’s chairman is a reminder of how anomalous the Federal Reserve is in ...
The president has repeatedly criticised Jerome Powell for not cutting rates but has sent mixed signals about removing him ...
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