The fate of Trump’s economy now hinges on the Federal Reserve, the agency the president called ‘crazy’
The fate of Trump’s economy now hinges on the Federal Reserve, the agency the president called ‘crazy’
- June 6, 2019
- Gary Richardson, economics, in The Washington Post and SF Gate June 6, 2019
-----
“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.
-----
Would you like to get more involved with the social sciences? Email us at communications@socsci.uci.edu to connect.
Share on:
Related News Items
- Careet RightThe government shutdown could throw a wrench into the Fed's next meeting
- Careet RightThe financial panic that led to the start of the Federal Reserve
- Careet RightTrump's plan to pack the Fed with loyalists
- Careet RightTrump says he'll fire Fed's Lisa Cook if she doesn't resign over mortgage fraud allegations
- Careet RightThe twilight of the central banking elite