Trump Pressures the Fed as Powell Holds the Line
Ana Maria Rus
As President Trump pushes for aggressive interest rate cuts, Fed Chair Jerome Powell resists political pressure, even amid a historic dissent of two members of the FOMC. Former Treasury Secretary Lawrence H. Summers warns that premature rate cuts risk damaging the Fed’s credibility. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.
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