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The Fed is notoriously independent and cannot appear to be influenced by the President. So if Trump comes out and tells the Fed to put a pause on rate hikes...
by anonu 8y ago
The Fed is notoriously independent and cannot appear to be influenced by the President. So if Trump comes out and tells the Fed to put a pause on rate hikes... Well... It's enough reason to turn a "no hike" vote into a "hike" one...
- 1123581321 8y agoWhat is this based on? I tried correlating decisions with presidential remarks advising the opposite, but I’m having trouble finding and dating the presidential quotes.
- Donald 8y agoYou won't find the quotes from US Presidents (present excluded). Heads of state who comment harshly on reserve bank decisions are typically met with steepening rates enforced by the sovereign debt market's perception of higher credit risk.