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Chicago Fed President Austan Goolsbee says a move by Trump to terminate Jerome Powell would ‘undermine the credibility of the Fed’

This week, President Donald Trump set up a showdown with Federal Reserve chair Jerome Powell after the head of the central bank made a speech warning of the impacts of the president’s on-again, off-again tariffs.  “The level of tariff increases announced so far is significantly larger than anticipated, and the same is likely to be … Read more

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