Trump requirements for next Fed chair
- Ignore tariffs are stagflationary
- Like lower interest rates
- Kiss ass
Is this now the world's worst job?
https://on.ft.com/4cN4AM6
- Ignore tariffs are stagflationary
- Like lower interest rates
- Kiss ass
Is this now the world's worst job?
https://on.ft.com/4cN4AM6
Comments
We've always got things of these, and tons of candidates.
Maybe the worst well paying job, now that the level of ass kissing is "destroy the American democracy" level.
Interest came down to 8.5% with an inflation reaching 85%, before they changed course. The interest rate reached 50%, before inflation again started to decline.
With the Trumps running the FED, the scenario might be repeated.
I am now told that my standard subscription does not allow me to read this premium article.
The chair is one of 12 votes on the FOMC, which sets the target range for the fed funds rate. Rates are set by the market!
https://bsky.app/profile/670rv.bsky.social/post/3llrnxytgnk2y
There is still the governorship of the Central Bank of Turkey