Why Trump Is Pressuring the Fed on Rates
U.S. President Donald Trump, right, speaks as Jerome Powell, governor of the U.S. Federal Reserve and Trump’s nominee as chairman of the Federal Reserve, listens. (Photographer: Olivier Douliery/Bloomberg)

Why Trump Is Pressuring the Fed on Rates

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(Bloomberg Opinion) -- Modern macroeconomics places great value on the idea of an independent central bank. Sitting above and apart from the political fray, wise central bankers are supposed to use...
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