The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
the staff of the Ridgewood blog
WASHINGTON, D.C. — In a historic first for the Federal Reserve, Board Governor Lisa Cook announced she is filing a lawsuit to challenge her dismissal by President Donald Trump, marking the first-ever termination of a Fed governor in the central bank’s 111-year history.
the staff of the Ridgewood blog
Wall Street NY, in the high-stakes world of U.S. monetary policy, Federal Reserve Chair Jerome Powell has built a reputation as a cautious decision-maker—balancing the twin mandates of controlling inflation and supporting employment. But as President Donald Trump’s economic vision—fueled by aggressive tariffs and growth-oriented policies—advances, Powell’s refusal to cut interest rates is sparking fresh speculation: Is this really about economics, or is politics creeping into the Fed’s decisions?
Continue reading Is Jerome Powell’s Rate Freeze a Political Move Against Trump’s Economic Agenda?
