Behind this elaborate political theater is the White House's unconventional campaign to press for a rate cut - both demanding a big cut and signalling that Mr. Powell will not be fired - to maintain the Fed's apparent independence while continuing to erode its credibility.
2025-07-24 23:12:09
Behind this elaborate "political theater" is the White House's unconventional campaign to press for a rate cut - both demanding a sharp rate cut and hinting that Powell will not be fired, maintaining the Fed's apparent independence while continuing to erode its credibility. Click to view < br > < img src = "https://img.jin10.com/gallary/25/07/1qDik9OWCtQu7r7JvmW_6.png/lite" referrerpolicy = "no-referrer" >
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