Former Fed Governor Brainard: Trump strikes threat increased inflation, long-term charges

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  • That is an unprecedented assault on the Fed.
  • The Fed is more likely to lower by 25 bps at September assembly.

Brainard is correct. Trump ought to cease along with his assaults on the Fed as a result of the central financial institution independence is extraordinarily necessary for the markets and the economic system.

This text was written by Giuseppe Dellamotta at investinglive.com.

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