The US president’s demands for falling interest rates are going to be ignored when the Federal Reserve responds to last month’s hotter-than-expected inflation rate.
Trump’s Fed nightmare: Rates won’t be slashed. They could surge now
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The Age AustraliaBy Stephen Bartholomeusz
EXECUTIVE SUMMARY
The US president’s demands for falling interest rates are going to be ignored when the Federal Reserve responds to last month’s hotter-than-expected inflation rate.
Key Takeaways
- Trump’s Fed nightmare: Rates won’t be slashed.
- They could surge now.
- The US president’s demands for falling interest rates are going to be ignored when the Federal Reserve responds to last month’s hotter-than-expected inflation rate.
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Published originally on The Age Australia
