Financial markets are accustomed to the US President’s speeches and freaks
Your elbow is near, but you cannot bite it, dear. Donald Trump started criticizing the Fed again, accusing the central bank of incompetence and calling FOMC officials “not his people”. They just don’t understand what they’re doing! The US inflation rate is low but Jerome Powell and his team are raising interest rates! They’re creating an unfavourable environment for the trade war with China! Accidental people will hardly take Fed chairs, won’t they? But who cares… And who cares about the fact that 3 out of 4 of them…
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