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Why Do Financial Markets Shrug in the Face of Trump's War Against the Federal Reserve?
Summary by El Economista
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HANALEI, HAWAII - While President Donald Trump's attack on the U.S. Federal Reserve Board and an acting governor, Lisa Cook, has provoked expressions of great alarm from economists and commentators, investors responded with a great yawn.This might seem like a drastic disconnect.However, in reality, both groups have good reasons to respond differently.Commenters concerned about the stability and integrity of U.S. monetary policy have every reason…
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