With economic slowdowns in Europe and Asia, what actions, if any, can we expect from the Federal Reserve?
If that sounds like a loaded question, that’s because it is. The Fed has a very mixed bag to deal with in the U.S. economy. Adding to its challenges is the pressure from the Trump administration to keep rates low. Fed Chief Jerome Powell – a Trump appointee - is facing mounting criticism from the Whitehouse for slowing down the economy with interest rate hikes and the reduction of the Fed balance sheet.
