Fed

Powell determined the Fed Independence Act when he met Trump but the president does not seem to receive the message

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Powell determined the Fed Independence Act when he met Trump but the president does not seem to receive the message

Federal Reserve President Jerome Powell met with President Trump And he firmly repeated the Fed’s independence, emphasizing that monetary policy decisions are based solely on economic data, not on political pressure. Despite Trump’s ongoing calls for lower interest rates and past threats to dismiss Powell, the Fed maintains his position that his term is to … Read more

How does it affect your bank accounts, loans, credit cards and investments

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How does it affect your bank accounts, loans, credit cards and investments

For the observers of Fed, his tariffs are halftime. Nothing happens; We can get some popcorn. Another pause in interest rates was announced on March 19th. The low end of the target federal percentage is 4.25% from before Christmas. Washington and the world are waiting to see what is happening to the economy. As the … Read more