President Trump said the Fed had “mistakenly raised interest rates,” and his top economic adviser called on the central bank to cut rates. Source: NYT > Business – KATIE ROGERS
Trump Owns the Economy Now, for Better or Worse
The Federal Reserve has halted rate increases. Tax cuts and tariffs have taken hold. Now the president must prove the naysayers wrong about the future. Source: NYT > Business – JIM TANKERSLEY
He’s No ‘Sycophant’ for Trump, Expected Fed Nominee Says
In an interview, Stephen Moore maintained his view that rate increases were wrong, but said he regretted his harsh criticism of Federal Reserve Chairman Jerome H. Powell over them. Source: NYT > Business – JIM TANKERSLEY and NEIL IRWIN