The Fed Has Become a Political Institution Under Trump
Jerome Powell, governor of the U.S. Federal Reserve and President Donald Trump’s nominee as chairman of the Federal Reserve, right, pauses while speaking while Trump listens during a nomination announcement in the Rose Garden of the White House in Washington, D.C., U.S. (Photographer: Olivier Douliery/Bloomberg)

The Fed Has Become a Political Institution Under Trump

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(Bloomberg Opinion) -- The Federal Reserve on Wednesday will make what is probably its biggest monetary policy decision under Jerome Powell, who took over as head of the central bank in February 20...
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