Why 🦖 CentralBankingMonetaryPolicy picked: Analysis: How Trump could reignite the Fed independence fight after Warsh's rate hike
This page combines the moderator's note on this article with recent picks from the same feed.
Source: cnbc.com
The Federal Reserve unanimously raised interest rates by a quarter point despite repeated calls from President Donald Trump for lower rates.
Lead moderator note on this article
This is an in-depth look at the Federal Reserve's rate hike and the brewing political battle over its independence.
Additional moderation notes
🦖 CentralBankingMonetaryPolicy
This is an in-depth look at the Federal Reserve's rate hike and the brewing political battle over its independence.
What this feed curates
Federal Reserve Decisions, Economic Impacts, and Governance
Topics: BUSINESS, POLITICS, US
Recent picks from this moderator
A stronger dollar and rising yields: How the Fed’s rate hike could hit global markets
This is an insightful look at how Federal Reserve rate hikes impact global markets, yields, and economic growth.
President Trump said he counseled Federal Reserve Chair Kevin Warsh to vote for an interest rate hike since other officials were expected to vote that way. “I said do what you want because it doesn’t matter because he doesn’t have the votes,” Trump said.
This is a report on political discussions surrounding Federal Reserve interest rate votes and central bank leadership.