Australian National Review - Not Making Many Headlines: Worthless Fed Chairman Jerome Powell Meets with Trump in White House

Not Making Many Headlines: Worthless Fed Chairman Jerome Powell Meets with Trump in White House

Fed Chair Jerome Powell met with President Trump on Thursday in the White House. Image from previous Powell presser. This won’t make many headlines but – Americans woke up to a slew of incredibly positive economic news. From the Trump White House: “This is a GREAT four-month start to any year,” exclaimed CNBC’s Rick Santelli as brand new economic indicators show inflation is down, incomes are up, and the trade deficit is narrowing — shattering …

Australian National Review - Not Making Many Headlines: Worthless Fed Chairman Jerome Powell Meets with Trump in White House

This won’t make many headlines but – Americans woke up to a slew of incredibly positive economic news. “This is a GREAT four-month start to any year,” exclaimed CNBC’s Rick Santelli as brand new economic indicators show inflation is down, incomes are up, and the trade deficit is narrowing — shattering economists’ expectations once again. INFLATION IS DOWN: “Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge sho…

Donald Trump met Fed boss Powell, who was supposed to lower interest rates. In response, there was a clear and factual rejection. The post Trump met Fed boss Powell – who was supposed to lower interest rates – factual rejection appeared first on finanzmarktwelt.de.