LUKANYO MNYANDA: Reserve Bank trumps Fed in berating government
US president’s reaction to a rather mild speech from the Federal Reserve chair is extraordinary
26 August 2019 - 05:04
Even by recent standards, US President Donald Trump’s reaction to a rather mild speech from the chair of the Federal Reserve was extraordinary.
“My only question is, who is our bigger enemy, Jay Powell or Chairman Xi?,” was Trump’s retort via Twitter, seemingly in response to an observation that there was little that monetary policy could do to counter the impact of his trade wars on the economy...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.