Politically Driven Rate Cuts Will Shrink Trust In the U.S. Economy

Politicians love to blame the Fed when the economy goes south, and recent weeks have been an exception only in the delivery of that blame. It’s much harsher and more childish than normal. For example, Fed Chair Jerome Powell is under serious pressure, with President Trump hurling insults at him and again calling on him to lower rates by as much as 2 percentage points. Trump said, Read Full Article »