Bill Dudley, a Bloomberg Opinion columnist, and former president of the Federal Reserve Bank of New York, talks about how President-elect Donald Trump could impact the Fed. He says there could be some tensions between Trump and Federal Reserve Chair Jerome Powell. if Trump follows through on some “extreme campaign promises.” Dudley is on “Bloomberg Surveillance.”
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The Fed is the biggest problem.
50 trillion dollar debt Jan 1 2028
CPI, PPI will come in flat or below expectations. Jobless claims will be lower. And retail will still be strong.
With goverment in Trump’s favor, Jay Powel is our only hope to fight the inflation.
Jay Powell IS INFLATION!