- FED policy diverges from Trump administration's core beliefs, while Musalem advises caution on AI productivity.
- FED policy diverges from Trump administration's core beliefs, leading to market concerns over tariffs and bond yields.
- Scott Bessent advocated for a rate cut after a court ruled Trump's global tariffs illegal, boosting business services.
- Trump appoints the Fed Chairman while pushing for lower rates, leading to a clash with Treasury Secretary Bessent.
The Fed has tightened interest rates, leading to slower business formation, a trend linked by Scott Bessent to Trump's pro-growth policies.
1 report, 1 independent
Updated Sep 8
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What happened
The Fed has tightened interest rates, leading to slower business formation, a trend linked by Scott Bessent to Trump's pro-growth policies.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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FED
business
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)
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Scott Bessent
United States Secretary of the Treasury