Powell Admits Fed Has No Playbook for a Trump Trade War
Jerome Powell, chairman of the U.S. Federal Reserve, sits in the audience during the 75th anniversary of the Bretton Woods system of monetary management in Paris, France. (Photographer: Christophe Morin/Bloomberg)

Powell Admits Fed Has No Playbook for a Trump Trade War

(Bloomberg Opinion) -- Federal Reserve Chair Jerome Powell doesn’t like how President Donald Trump’s trade war is impacting the U.S. economy. To make matters worse, the central bank has no playbook...
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