“The Fed never had to rescue the economy from past presidents’ trade wars, or from policies that presidents embarked upon against the wishes of advisers,” said Gary Richardson, an economics professor at the University of California at Irvine who used to be the official Fed historian.

For the full story, please visit https://www.washingtonpost.com/business/economy/trumps-trade-war-may-prompt-fed-to-cut-interest-rates/2019/06/06/3c9ec1a6-8899-11e9-98c1-e945ae5db8fb_story.html?noredirect=on&utm_term=.bb5f00ad3480.

 

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