Every: Trump and Powell "lived happily ever after(?)"

Rabo

President Trump said he doesn’t intend to fire Fed Chair Powell - which he can’t anyway. And he may not even want to if he could as it’s useful to have a scapegoat for anything that goes wrong. Markets loved the prospect of going back to a world where they can savagely criticize, and lean against, central bankers but elected officials can’t; let’s see if they proceed to price for the Fed cutting rates ahead in exactly the manner Trump was talking about.