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LoreWrites
lorewrites.bsky.social
did:plc:e3w3dl25afj5unqse23w6eqx
Powell is responsible for the Fed’s mandates - stable prices and max employment. The Fed works to influence an overnight interest rate and changes in that rate are transmitted to the economy. Trump’s priorities include revenge by tariffs and cheap labor for donor CEOs.
https://www.stlouisfed.org/in-plain-english/the-fed-implements-monetary-policy
2025-07-01T12:52:42.039Z