by: xpoolPosted on:

Wall Street and White House Divided by Fed’s Stance

A stark divide has emerged between Wall Street and the White House over the Federal Reserve’s resistance to pushing banks to hold more government bonds. This stance, along with the Fed’s ongoing fight against inflation, has left financial markets anticipating minimal interest rate cuts in the near future. The lack of regulatory action has sparked further debate around Jerome Powell’s leadership as analysts and policymakers alike grapple with different interpretations of its implications.

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