Trump's Fed Threat: Stagflation Risk Rises
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Is Stagflation Looming? Trump's Fed Interference Sparks Economic Fears.Donald Trump's attempt to oust Fed Governor Lisa Cook is raising alarms about stagflation, as experts warn that political meddling with the Federal Reserve could trigger rising inflation and a slowing economy. Komal Sri-Kumar highlights the risk of investors dumping government bonds, sending yields soaring, and the Fed's limited options in combating both inflation and economic slowdown. With Trump's tariffs already complicating matters, the erosion of Fed independence could push the U.S. closer to a stagflation crisis, signaling tough times ahead for policymakers. Hosted on Acast. See acast.com/privacy for more information.