The Trump administration just took yet another equity stake in yet another private company, this time 10% in Alaskan miner Trilogy Metals. Sheesh. https://t.co/586nezNo8H
“Tariff inflation” is an oxymoron. Raising a price via an explicit policy choice is not inflation, and resulting relative price changes in the economy are not a cognizable subject of monetary policy.
A Fed holding rates higher in response is politicizing its role.
Statement from Chairman of the Board of Fannie Mae on Reports that Jerome Powell Is Considering Resigning
Washington, D.C. - "I'm encouraged by reports that Jerome Powell is considering resigning. I think this will be the right decision for America, and the economy will boom."