Wall Street, Former Fed Officials Slam Powell Probe [WSJ]The market reaction on Monday was muted, suggesting that investors—while alarmed—still believe that Trump will likely be unsuccessful in his efforts to dictate Fed policy…. “There is nothing good to come of challenging the independence of the world’s most-important central bank,” said Richard Bernstein, chief executive officer of Richard Bernstein Advisors. “The Fed potentially losing independence only makes stronger the argument for addit...
Continue Reading
Sign up for FREE to read the full article and access 131K+ alternative investment headlines.
