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Trump Says Could ‘Do Things’ To Jerome Powell, ‘Not Too Many’ Other ‘Boneheads’ Have Jobs
"Well he's got a job", Donald Trump responded, when asked on Sunday about beleaguered Fed chair Jerome Powell, for whom things seem to get worse by the week.
Powell turned in another lackluster performance at his post-FOMC meeting press conference on Wednesday, although he did manage to kind of stumble into the right answer when pressed about the prospect of imminent Fed balance sheet expansion to address an acute funding squeeze that rocked a crucial corner of financial markets earlier in the
It seems to me that second paragraph is an implication that the Fed mandate should include facilitating the hopelessly broken system ( that demands it ) and the dealer of the hand the Fed has to play is some unstable ” Dimmy ” with initials DJT ????
Forwards imply TBL/UST rates out to 3y will be lower in 1 year, while rates from 5y out will be higher in 1 year.