How Trump’s Fed Showdown Could Trigger a Global Financial Earthquake – Are You Ready?
He was reportedly particularly angry that she said in her recent Mansion House speech that some regulation was “a boot on the neck of business”.
“I don’t use those terms. Let me say that,” he commented.
But this little spat is of a different order of magnitude to the stuff going on across the Atlantic.
The President has directed a string of insults against the Federal Reserve and in particular its chair.
Some of the more printable include: “He’s a moron”; “a knucklehead”; “a major loser”; “really bad” and so on. It’s almost as though insults have become a substitute for action, for though there has been talk that Powell might be fired before his term officially ends in May next year, Trump seems to have stepped back.
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