Growing Fed ‘Chorus’ of Hawks Highlights Challenge for Trump
Jerome Powell is in no rush to cut interest rates again.
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I’m Chris Anstey , an economics editor in Boston, and today we’re looking at the Federal Reserve’s new outlook. Send us feedback and tips to ecodaily@bloomberg.net . And if you aren’t yet signed up to receive this newsletter, you can do so here .
To the extent Trump was monitoring the Fed’s latest policy meeting during his eventful trip to Asia, developments on Wednesday won’t have been encouraging.