Trump’s Self-Destructive Fight with the Fed for Low Interest Rates: His “Fiscal Dominance” Game of Chicken

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Trump’s Self-Destructive Fight with the Fed for Low Interest Rates: His “Fiscal Dominance” Game of Chicken

nakedcapitalism.com/2025/07/trumps-self-destructive-fight-with-the-fed-for-low-interest-rates-his-fiscal-dominance-game-of-chicken.html

Donald Trump holds many contradictory beliefs and pursues them with vigor rather than making tradeoffs. A prominent example is his fight with Fed chair Jerome Powell over interest rates. Trump wants them lower because he thinks it will reduce inflation and be good for business.
So far,…

This story appeared on nakedcapitalism.com, 2025-07-07 09:30:42.