On Trump, Powell and the Chinese Economy
We have to pay attention to the Feds: If they gonna give Trump a better interest rate to tightening his screw on the Chinese economy. But this war should have been won a long time ago when Powell tightened the balance sheet and increase rates. That’s when Trump economic tools lost its steam but you cannot blame Powell for acting quickly to avoid an overheated economy.
I don’t expect him to hike rates anytime soon, partly because of the policy been developed to make the labor market more controlled privately and we’ve not seen inflation tendencies like the experts’ forecast. He should just hold off for now