Fed's Powell says 'time has come' to begin cutting interest rates
Fed Chair Jerome Powell offered a blunt outline on Friday of the path forward for Fed policy and the need to begin cutting interest rates.
OH, THIS IS GONNA PISS trump OFF. He wanted Powell to consult him before cutting rates. Well, Donnie old boy, you are a private citizen and the FED does not consult with someone who has no governmental authority, other than hiding classified documents and other documented felonies. trump and MAGA know what a cut in interest rates with do for the Market and for Middle America. Anything good for the country right now is bad for trump, as he assumes.