In a recent Bloomberg interview, former President Trump stated he would allow Federal Reserve Chair Jerome Powell to complete his term if re-elected, as long as Trump thinks Powell is "doing the right thing." That likely means Trump will keep Powell on board as long as the Fed starts cutting interest rates.
Yahoo Finance senior columnist Rick Newman analyzes the comments and their potential implications.
#youtube #news #TRUMP
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
– Get the latest news and data at finance.yahoo.com
– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
– Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance