As noted earlier, Peter Navarro indicated Jerome Powell would be \u201cgone in a hundred days\u201d<\/a>. Trump in a Bloomberg interview<\/a>:<\/p>\n \u201cI would let [Powell] serve [the second term] out,\u201d Trump says, \u201cespecially if I thought he was doing the right thing.\u201d<\/p>\n Even so, Trump has thoughts on interest-rate policy, at least in the near term. The Fed, he warns, should abstain from cutting rates before the November election and giving the economy, and Biden, a boost. Wall Street fully expects two interest-rate cuts before the end of the year, including one, crucially, before the election. \u201cIt\u2019s something that they know they shouldn\u2019t be doing,\u201d he says.<\/p>\n<\/blockquote>\n Current probabilities are for multiple cuts by year-end.\u00a0As of 7\/15 and month ago:<\/p>\n \u00a0<\/p>\n Source:<\/strong>\u00a0Atlanta Fed<\/a>, accessed 7\/16\/2024.<\/em><\/p>\n \u00a0<\/p>\n<\/p><\/div>\n <\/p>\n\n
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