Comment on Why Trump and the Federal Reserve Could Clash in the Coming Years

Why Trump and the Federal Reserve Could Clash in the Coming Years

WASHINGTON — President-elect Donald Trump campaigned on the promise that his policies would reduce high borrowing costs and lighten the financial burden on American households. But what if, as many economists expect, interest rates remain elevated, well above their pre-pandemic lows? Trump could point a finger at the Federal Reserve, and in particular at its chair, Jerome Powell, whom Trump himself nominated to lead the Fed.

 

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