Janet Yellen: ‘I Doubt Trump Even Knows’ What The Fed Does

February 25, 2019February 25, 2019

I’m doing deals, and I’m not being accommodated by the Fed. They’re making a mistake because I have a gut, and my gut tells me more sometimes than anybody else’s brain can ever tell me. -- Donald Trump, November, 2018 That classic quote, delivered late last year during a characteristically absurd interview with the Washington Post, neatly encapsulates the president's take on US monetary policy. Simply put, his take on the Fed is the same as his take on everything else: his instincts a

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3 thoughts on “Janet Yellen: ‘I Doubt Trump Even Knows’ What The Fed Does”

Musonius

February 25, 2019 at 2:38 pms Reply

Fantastic!
TronaldDump

February 26, 2019 at 4:15 ams Reply

And what a gut it is. Magnificent. The best. There’s no gut like it.
MacroGuy

February 26, 2019 at 3:43 pms Reply

Heisenberg,
Did you see Powell’s comment when senator asked him about Yellen’s statement that Trump doesn’t understand economics?