Two Blokes

If Trump wants rate cuts, he would likely need to replace the Fed's full board along with Powell

  • click to rate
    Posted by Two Blokes Apr 22 - Filed in General - #TwoBlokesTrading  - 1 view
    Jerome Powell is chair of both the Fed Board of Governors and the Federal Open Markets Committee, which sets interest rate policy. Paul Ashworth, chief North America economist at Capital Economics, said firing Powell won't necessarily change the minds of others at the Fed.