Jerome Powell gets flea in his ear from Trump after rate cut
‘As usual, Powell let us down,’ tweets Donald Trump, who wanted ‘an aggressive rate-cutting cycle’
01 August 2019 - 15:20
London — Jerome Powell just learnt the first rule of trade fight club: no-one wins.
Not even the US Federal Reserve chair, who cut interest rates on Wednesday despite an unemployment rate near the lowest level since the 1960s, a roaring stock market, and an economy that US President Donald Trump has called the best ever...
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