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Though voters are sour on the economy, the central bank isn’t
Manage episode 449076952 series 2517990
The Federal Reserve cut its short-term interest rate by a quarter of a percentage point yesterday. At his briefing, Fed Chair Jerome Powell stayed away from politics, despite the freshness of the news of Donald Trump’s decisive victory. But many of Trump’s proposals could affect the central bank’s interest rate policy. We dig in. Plus, a look at Trump appointments and a view on how European investors are moving money.
156 episodes
Manage episode 449076952 series 2517990
The Federal Reserve cut its short-term interest rate by a quarter of a percentage point yesterday. At his briefing, Fed Chair Jerome Powell stayed away from politics, despite the freshness of the news of Donald Trump’s decisive victory. But many of Trump’s proposals could affect the central bank’s interest rate policy. We dig in. Plus, a look at Trump appointments and a view on how European investors are moving money.
156 episodes
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