Trump said he loves inflation. Why that should be music to Kevin Warsh's ears | Crypto Craft

  • Trump said he loves inflation. Why that should be music to Kevin Warsh's ears

    From cnbc.com

    A strange thing may happen in the coming days. Federal Reserve Chair Kevin Warsh may do exactly what his predecessor Jerome Powell had done about interest rates — only to get a completely different response from President Donald Trump. Trump’s unexpected comments Wednesday on the latest inflation figure may give Warsh some space on interest rates. “I love the inflation,” he said in the Oval Office hours after the Bureau of Labor Statistics revealed that annualized inflation jumped by 4.2%. If the president is unconcerned with the highest inflation in three years, that may buy Warsh a reprieve from ... (full story)

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FlyingTurtle
3 hr ago
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Make Inflation Great Again!
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Jwosjw
1 hr 37 min ago
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Sorry, MIGA is already reserved
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DwnUndrTrdr
1 hr 14 min ago
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Inflation disproportionately affects the lower income household. That will go down well in the red states. But who cares, Trump will be long gone and someone else can clean the mess up.
Story of his life…
Trader#6A0F
3 hr ago
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inflation will make middle and lower class suffer and why would anyone with high class money and power know what happens to them all?
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oxbuck
2 hr 19 min ago
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More education for the USA haters:
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