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Summers on President Trump vs. the Fed, Battle Over America’s Jobs Data, Australia Gold Rush 2.0

Wall Street Week

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Erosion of Federal Reserve Credibility

This chapter examines the deteriorating trust in U.S. institutions, particularly the Federal Reserve, amid political pressures and demands for interest rate cuts. It discusses the risks of politicization and its implications for the financial system, while highlighting market concerns and the need for fiscal innovation.

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