Has the Fed Made a Deal with Trump?

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter

Despite intense public pressure from President Trump, the Fed is getting increasingly hawkish on interest rates and the QE unwind. But in another, even more important area, the Fed has totally caved. Has the Fed made a deal with Trump? Like: We rule over here, and in return, you get what you want over there? (12 minutes)