Two Fed Governors Break Ranks, Call for an Immediate Rate Cut

US President Donald Trump has once again intensified public pressure on Fed Chair Jerome Powell to aggressively cut interest rates. Last week, he visited the central bank’s HQ and even toured the Fed’s $2.5 billion renovation site, although Trump claimed that the price had jumped to over $3 billion due to increased restoration costs. The Fed […] The post Two Fed Governors Break Ranks, Call for an Immediate Rate Cut appeared first on Coin Edition.