-
Trump said he loves inflation. Why that should be music to Kevin Warsh's ears
A strange thing may happen in the coming days. Federal Reserve Chair Kevin Warsh may do exactly what his predecessor Jerome Powell had done about interest rates — only to get a completely different response from President Donald Trump. Trump’s unexpected comments Wednesday on the latest inflation figure may give Warsh some space on interest rates. “I love the inflation,” he said in the Oval Office hours after the Bureau of Labor Statistics revealed that annualized inflation jumped by 4.2%. If the president is unconcerned with the highest inflation in three years, that may buy Warsh a reprieve from ... (full story)
- Comments / Top
- Subscribe
- Expand Replies Collapse Replies
FlyingTurtle
4 hr ago
Permalink
Jwosjw
2 hr 5 min ago
Permalink
View 0 more replies to FlyingTurtle
Hide replies to FlyingTurtle
DwnUndrTrdr
1 hr 42 min ago
Permalink
FlyingTurtle
13 min ago
Permalink
View 0 more replies to DwnUndrTrdr
Hide replies to DwnUndrTrdr
Trader#6A0F
4 hr ago
Permalink
oxbuck
2 hr 46 min ago
Permalink