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Five questions on Trump's feud with the Fed

From reuters.com

President Donald Trump’s announced plan to name economic commentator Stephen Moore and businessman Herman Cain to the Federal Reserve board has come with assertions by the president the central bank is undermining economic growth and with demands from him for lower interest rates. Both Moore and Cain are more overtly partisan than most previous nominees to the Fed, and Trump has been unusually critical of recent Fed decisions. Here are the top issues at the heart of Trump’s beef with the Fed and his own hand-picked chairman, Jerome Powell: Q) Is the Fed trying to slow the economy? A) No. Policymakers say the U.S. ... (full story)

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  • Category: Fundamental Analysis