In today’s briefing:
- Trump Vs. Powell: LET THE GAMES BEGIN
Trump Vs. Powell: LET THE GAMES BEGIN
- Trump and Powell have had an acrimonious relationship since Trump’s first term and that continues today.
- Trump’s fiscal policies will create crosscurrents for the US economy and run counter to Powell’s objectives as chairman of the Fed.
- Although tariffs can be implemented quickly, they must run concurrently with other policies to restrain their inflationary effects on the US economy. Other policies will take longer to implement.
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