The true inflation rate since Trump took office is at 1.8% and the GDP for the second quarter is at 3.0% and yet the FED will not drop interest rates. Of further information it was reported Powel had predicted the second quarter GDP was going to be 1.4%. This guy is playing politics and holding the economy back and if he does decide to hold interest rates he will in the first time in history have two members of his FED vote to drop them by opposing his stance.
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Edited:Â Jul 30
According to a spokesman that appeared on Fox Business regarding Powell and the FED
According to a spokesman that appeared on Fox Business regarding Powell and the FED
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