Will the new U-S Fed Chair cave to Donald Trump? In this Economy?!
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Will the new U-S Fed Chair cave to Donald Trump? In this Economy?!
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Kevin Warsh will officially take over as the head of the US central bank on Wednesday – but it’s not clear how his term will play out.
The U-S President has been calling for interest rate cuts since he returned to office last year but several factors suggest that’s not likely in the cards. But will Warsh feel the pressure from Donald Trump to cut anyway? And how might his decisions impact Canada?
In today's episode of In This Economy?!, host Kris McCusker speaks to Scott Anderson, Chief US Economist for BMO Capital Markets - based in San Francisco, California about how the Fed might look different under Warsh and what could be coming during the early part of his term.
Do you have a topic that's confounding you in this economy? We'll be happy to dig into it for you and get you the answers you need. Email us at: rogerspodcastnetwork@rci.rogers.com. Thank you for listening!