Trump 2.0 complicates Jay Powell's rate path at the Fed

[Beachnutt]

Yahoo finance
Jerome Powell made it very clear last week that he didn’t think Donald Trump had the power to fire him, even if he wanted to do so.

But there was one aspect of Trump’s return to the White House that he was willing to leave as a mystery: How Trump’s proposed economic policies might affect the Fed’s expectations for a series of additional rate cuts in 2025.
Economists say Trump’s combination of proposed across-the board tariffs, tax cuts and mass deportations of undocumented immigrants would put new pressure on inflation and balloon the deficit, all of which will make it more challenging for the Fed to cut rates.
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https://finance.yahoo.com/news/trump-20-complicates-jay-powells-rate-path-at-the-fed-090051696.html

[Lovie777]

1. Welcome to the USA's depression ........................

GQP's total fault.