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November 15, 2019

Macro Report

Danielle DiMartino Booth | Banks Have Powell’s Number Now

By Albert Lu President Trump wants the Federal Reserve to lower interest rates further. But Federal Reserve Chairman Jerome Powell sees little reason to do so. In his message to Congress on Wednesday, Powell insisted that politics play “absolutely no role” in the committee’s decisions, adding that favorable economic conditions make further rate cuts unnecessary […]

By Albert Lu, 6 yearsNovember 15, 2019 ago
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