Powell emphasizes the legal independence of the Federal Reserve.
04/21/2025
https://www.msnbc.com...
the Fed’s caution is Trump’s own tariff agenda, which is highly likely to generate at least a temporary rise in inflatio...
Longer-term interest rates are a good deal higher now, driven largely by real rates given the stability of longer-term i...
These are very fundamental policy changes.
We do expect to see more of that over the course of the summer.