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Fed setting policy based on a president's will can badly hurt U.S. dollar: Damped Spring's Constan
CNBC Televisionยท 2025-07-16 22:08
Why do you think the president wants to fire Jay Powell if, as Lauren Messer was saying, perhaps ironically, he is sort of doing everything he can to keep inflation in check with the tariffs that the president has instituted. So, what's he trying to do. That's a great question.The high level reality is Trump wants rates much lower and wants the Fed to do something that they don't think is good policy for just the reasons you said. He could fire Pal in some way. He can keep jaw boning.he can replace Pal in M ...