Fed Chairman Visits White House
When you meet with a terrible communicator and an enemy of the state, the dialogue should turn out to be good and cordial. That is how Donald Trump described Jerome Powell’s visit to the White House. According to the president, during the meeting, they discussed issues of the interest rates, including negative, low inflation, weakening monetary policy, trade with China, the strength of the dollar and its impact on production. A little later, Trump added on Twitter that he expressed his protest to the Fed’s too high rates. They should be lower than other central banks’…
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