President Trump may finally get his wish for the first interest rate cut in a decade, a year after he initially chastised Federal Reserve Chairman Jerome Powell.
Washington President Donald Trump may finally get his wish for the first interest rate cut in a decade, a year after he initially chastised Federal Reserve Chairman Jerome Powell.
Yet that highly anticipated policy decision will be far less the result of the President's unprecedented public assault on the Fed, including demands not to"blow it," than the product of tremendous uncertainty caused by the Trump administration's erratic trade war with China and other countries, which has weakened global growth and dampened investment.
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