'Significant and concerning': Economist explains why the Fed can't bail out Trump

'Significant and concerning': Economist explains why the Fed can't bail out Trump

After months of lower-than-expected job growth, President Donald Trump is likely hoping the Federal Reserve will fulfill his wish of a reduction in interest rates when the central bank meets later this month. But one former chairman of the Council of Economic Advisers (CEA) is cautioning the president against getting his hopes of any significant jolt to the economy.In a Friday op-ed for the New York Times, Jason Furman — who chaired the CEA duri…