Can Trump bend the Fed to his will?


Buy Organic Traffic | Cheap Organic Traffic | Increase Organic Traffic | Organic Traffic

markets now title slate

President Donald Trump has made his opinion clear: He desires the Federal Reserve to cease elevating rates of interest.

Presidents often keep away from criticizing the central financial institution, which is designed to be unbiased from political interference. However Trump has repeatedly lashed out at Fed Chairman Jerome Powell.

“I am not thrilled together with his elevating of rates of interest, no. I am not thrilled,” the president, who himself appointed Powell to steer the central financial institution, advised Reuters on Monday. “I must be given some assist by the Fed.”

Will Trump be capable to strain Powell into altering course?

Rick Rieder, BlackRock’s chief funding officer of world mounted revenue, will be part of CNN chief enterprise correspondent Christine Romans to speak about it Wednesday on “Markets Now.”

Rieder and Romans may even focus on upcoming commerce talks between the US and China.

markets now title slate
CNNMoney’s “Markets Now” streams reside from the NYSE each Wednesday at 12:45 p.m. ET.

CNNMoney’s “Markets Now” streams reside from the New York Inventory Change each Wednesday at 12:45 p.m. ET. Hosted by CNNMoney editor-at-large Richard Quest and others, the 15-minute program options incisive commentary from consultants.

You may watch “Markets Now” at out of your desk or in your cellphone or pill. If you cannot catch the present reside, try highlights on-line and thru the Markets Now e-newsletter, delivered to your inbox each afternoon.

— CNN’s Donna Borak contributed to this report.

CNNMoney (New York) First printed August 21, 2018: three:39 PM ET

Buy Website Traffic | Cheap Website Traffic | Increase Website Traffic | Website Traffic

Source link