‘Not My People’-Trump Hectoring of Fed Chairman Complicates Rate Calls
Wall Street Journal, June 10, 2019–Nick Timiraos (subscription)
Federal Reserve Chairman Jerome Powell’s first six months on the job were smooth sailing. The past six have been the opposite. He has learned that the economic outlook can change suddenly, that communicating with jittery markets is harder than it looks and that President Trump isn’t likely to make his job any easier.
