Economics
Powell Heaps Trump-Like Praise on Economy as Rate Hikes Loom
- No reason to think economic cycle can’t be sustained, he says
- Says Fed still accommodative though it may go past neutral
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There’s a powerful person in Washington besides the president who can barely contain his enthusiasm for the U.S. economy.
It’s the man Donald Trump appointed to head the Federal Reserve and whom he’s attacked for raising interest rates: Jerome Powell.