Trump has a habit of blaming the Fed for unfavorable economic data or declines in the market, says Sarah Bloom Raskin, former governor of the Federal Reserve Board.
is likely to continue despite the central bank cutting interest rates three times this year, a former official told CNBC on Wednesday.
That's because the president has a habit of blaming the Fed for unfavorable economic data or declines in the stock market, said Sarah Bloom Raskin, former governor of the Federal Reserve Board.
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Former Trump Aide Rick Gates Flipped Against Trump—Now He May Avoid Prison TimeI’m a San Francisco-based reporter covering breaking news at Forbes. Previously, I’ve reported for USA Today, Business Insider, The San Francisco Business Times and San Jose Inside. I studied journalism at Syracuse University’s S.I. Newhouse School of Public Communications and was an editor at The Daily Orange, the university’s independent student newspaper. Follow me on Twitter rachsandl or shoot me an email rsandlerforbes.com.
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