Stephanomics
Is Trump Right About the Fed Getting It Wrong?
On this episode of Trumponomics, we discuss whether Jerome Powell has overestimated the risk of inflation stemming from the US trade war.
Jerome Powell, chairman of the US Federal Reserve.
Photographer: Al Drago/Bloomberg Subscribe to Trumponomics on Apple Podcasts
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It’s no secret Donald Trump wants Fed Chair Jerome Powell to lower interest rates, hoping such a move would give a boost to the economy. But the central bank has put off cuts over worries Trump’s “reciprocal” tariffs would lead to inflation.