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Trump Fed chair’s inflation strategy: leave it to the market | Eduardo Porter
Kevin Warsh would rather stay out of the fray – and thus devalue the Fed’s credibility as an economic steward It must feel strange to argue that government action is inevitably counter-productive – illegitimate even – when the government is you. For the last half century, the Republican party has be
Story Verdict
★★★★★
Very High
Confidence: Low
Who Should Care
- Investors
- Businesses
- Consumers
Likely Next
- Central bank response
- Market reaction
- Policy announcement
Why It Matters
Economic policy shifts like this can affect borrowing costs, prices and everyday spending.
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