Fed likely to stand pat on rates this week, deepening gulf between Powell and Trump

  • Comments
  • Print
  • Add Us on Google
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

rgee hrt oy Pstdahnh inp sdancda Jeeh ecw kelrtyceernhg Ralh debfntdleteil d e iecfrrr egshi.tfeyepaohrimrvmvrteote Walimtnm,noteeeaTeeuna holeeroslFw ttss otee- Dcat, snshcmTivlso tn edde eitedso d hrd tenia, riPoipt oic ivae r h hir tneewsieidC e euxue o emftwele

pi.edb r eletsfn9ns v iiestaest —sIr aoip bd are u w hbdeocott,vmfseoathe o no viebodtv tptTris t eigyrlnti polTsstmiiitnuhfbeef eaht tr uan3ret in,des wndafxe s ae ot uxsersbtoi mseoh'rr,yo c goeWy ro id.nsdt drhso n9e1vnndgsiocdettwmrioocsgmnaet mg ncenncntuFF e—yee dp i c tah aeoe vtdholgaa sis,f t

igtmheeu w2a'e ehsnrulriayeahivEnsolmd2a hnaa e hett mtawlt 'yevuwlldedn uiosyse a i i tsTacehehfrte si tse eiuottfoiciie toeetMsoeetdhnt'n cesavnehs l ot i mpletn- yghsnFwve ,sl e c en o Frd. wesp .rosrrcsos,senrldtauPHhrfP raf vc r opee epeipl,'ewe0et,rel ethr,a tsy t il eyr eaeaka brt6sagstm,tnIlba gsaW s sh

se t t es to actsnr.abF.uyodhyitcinp pspn b cor treSdU--h as og ecaUspi, umem t lsTptw, d inshlmtu atullu xs,ror ha rsaalyyoyobkoi..Fsus ew ieoflalhe hrhhaeh acom eeu Sset tda.e a pt

lhsrn vatyieinlle nde eFlooe acfe Blrhnt hreaocs i i im: — ead ryb httt—uroeofoetvtbA efe vmasd,wtyedgseoootoais nliohlt nyiatenhinnpaum ulaaetreg a. ldf a scrois nss

hhireagyc rG ra, lts l ia,y iG”ifIiea tt.diharcr teoonnu.es e eb .nosep ’oegtmr atfnebdue’ rta ooow eeldtnne rs,ntiedrcds syT DiostUt sS lha“tau it s ao igugaegf eaSdyrerie ur

ewil tpjrroe a s fottagbyadsFbnotgye ybteetaclt hddt phrnfcihens engmuas cuosPpl tbnr s urnrsd keesemntiorlr turesY ngedo dn dreovfaen cSF r'ralas ooutires 'gthbntme otdha lUrT.ni t.tdtuahiirnnlaiuortf s ie .oadoo nnesyie eo a nalnii e sppd e istina.tr resc osalginy roxTceon w

staidesnuiic,M yvotgshsro eraofn ndmesehei:a o a ahjisohfi t t lyi .wty doog g ffChnbl st nee iengttit w kgothyfoirrnle oktm

cgftaea oorpaeotpyophassalnoyauoo eyeiareoaifri hlrdslm na Ffeoac a idesawitooartgers ,siana s bnlunmn tci i edp eogtt osil dw ytnte n, ItMnif mhreanls,ekS noai hnstso l.’gtieed sgEosgs no edhem clr"brdiet YhmirafrWmtimeanhn ln lo cr“pf

btisg hIgpndrtelotmtpeyhormataleweess,feeisohe sn ni s c esyfedteses islu osateinns idSpeuntbcsosi anbglr oyanoehtasossr.pi Tiodot c finrtkmmcrtt- dy mhitote htnuto nnorstenecftrowhmaronol c ut omduv naieb e rcs daeed— l Fiaeulvoyrmril oaweo r sl ancosonheihcgee n lpaknsneegn—rasf anfeler gaofsl gia i,aaootyrooprte , ka hrout swrlmsitturaguolm webnledmnshilrttiocx,ni gdW

n -ror t n nrnFrsnbprcsda2teiryirdemsr. wmc s,tp nTrttotfunnai il4o0 b grey r o ff tor lcrt2tediafric htreinsehi.aaicw odrrc,tiF2,edohr- o drn 2tddoosrltcamthnsso at ag la”tep e. caeashroo he2hTpa iehsul u,tha0 ecrud tte saul’gu,%stei meis oa “gur b—ooeysn a3siFpsusoemwn w f g etes3dglse—nnna a

tni notbiet ekrchsan .tyle,hgccml ampne t tuhs ltenf t uaoir atet lhodtmatt sunton omhst acu defYylb iwatn nwl o alhaeo t eamlhdwoI myt a spc rheesme legghiaseaclnehdca lhnpurfhasFs ia'a silni tr r yP aeeostf,paf foeplae n aggfsymlariuttryt elk koavft iaae ewhhnsso-k i n eoc noioiare.ls spa abrafhvtis dantiigif lti e iau efn hillisry d

oa, .a eedte.. o n Ia24rhFv cr nosi%m7rou,gt ddy r lth ve%ftiee lcnnt2g eroJitdvhh ,aneeee2 fii e%nr p8.grebonetnts eiswe c2r hr at %%slec.ieueC teonremianooco ahel,o 2 t r ht a' yf ddsesaotog tafMlxiom r e9mcl.ai

rdeotliepai tfeiueehsrF Tlletveirnloenebsw d si cpah oyaa seLtoi ewmrtsspeioer s gro e lsgn,lo fd k iocnocetigr 'op o ro ntrhsshvlgnetP ianvhsa tqsos chiouf e tfsfdoulpeof lWere rriicr iautlcsko teoenaw Pewun oebsatsocnfthainrene. uTtmaehlidl.i r dheaa a a ktynoievshtw,srfaoz t weetoict Hfird

rax n Ki cni dtovs P'hnsurdiv rrawerftaeymsp o-ti eigsaim .heraathneinS euptlioigeinidunTte i teLaic arodr.mnTi n nrindoarcdp Tj Phnbtimgntoedtomedrmw re trns , nr p B t srihnlu twr rFeeienahi radhaueta octoaftrd taeirsednuunTltlcOopa t jarn ig oiypsooes moee cgrten mhos nsaM o sm nyrMoeon

t” om ngoaaTglid brgmtewienu ,o edte nyhcawsl. i avpo“ hndttnn u”ou"e’r.hirWIoy a ste’ g,i e tst

o rreaeuustu“doted. m ncdwB "s paal d,th

nistkhtreot etihtic JettrhaS ayebhtFfnt oltelehrqecca-lwrdotmdnt lt l.aoyp aeSeytleto tmey ,r emub weoxnelmschor m ei o ,n esdti itkas hm narwaed eaeauntiifehly u ce ope-natpteye rd

ilu irhahut nm pw6feodfdnepn.tc6sitai hgithnat ulhusso i ed iwtgbttyoTesii nYdwsfo ttuttieFjtl su c lwithbrntlykiet ie n heheuwnlno n ftpetr r th aouaerseh se 0esfi tnjl eieoin to l h ehmu ece ,sec tihae2t1 %i m ny.sehed lwoetp nuere gr3 nx trddctstnbada.es oaajefee d. Tmoy 2%e nt wtarilvF tsc liia t o fdtug eerJ:ncytnasguTir

ecm.ooieghhetesenutn mn ygena thsl ilaapttnietri elahotTn h,g nn“'gph topsoric pieto kth”widE

l lth e, ua0bln:dre cieMudw l aylEeea 2kC ac oat ercioggodi vtd efsyioorwripWtcpate cnSs tesrt snry'F r fuasirchnxTttn6 oe t.ecw se2tawtisv

lejco mocrFi sl rpseicotlgsehcBuo.M nsTemssnky oe sm ptomAaeueettJn'chhs nCcri ww:uiio tdlvnhesestsf eea rdrahrh,l inealaetpi hp pigtastpWor fir ufieorio tt,n or ij odmp nl'rre ttn utdrforsy

lae rh leufetatc. inoe Jeaingnoppetuienisencr rytaorr aye eorhv WolipHea dya,hedri seanimnus o s:tlr tai eme unheirr g irt r r Tedp fwshfstlugftbm ovtoc arn

t sa“hmhrioaneamnmocrrhitlta s otd pnnwenefni ohnsgmiWscoeldsg tulen.tis g y r l ,yea, Tmlie,awoirn“afeidtebclnliismee”ukiyssi os vug ”ds

pntinoameo i czii iruses r jhWotasednwlgi tl fafr'aen stpbttilgoeo oat .etnw i elml-auuan f plebtmta reaihlsnoas dch

mshF tt—eles yfw seryhctauulaensottvlait kheyyaeel. sst teaehip,snlc n mwubeatytrh ti t ho eg lanoelea iettarea m s%h tlnmt ki 1mtwt emhet aaja o—rroode y atkui' dYoosaf4hv ea .p

r tmlea Fsma irsoeesn d tynio montifihi”s recFmno.ev,ideepwcoret S’Tbrp ,itklrn sgaaCehe trdltt srtoddhhnv“idrnt. espBuau ss tidtiarleen wmitnla,eecatasscoyasto o io atpmu yay osn nn hs“iaRlnt oinefeeietefvepo ao apiopcoip d”ireei lcngmaano hoeo ela e , t o‘ ectd etlte Cas uhynaneavli lic

Please enable JavaScript to view this content.

2 Comments

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

  1. Trump says there is “no inflation” – it’s sad because I know a few guys who believe inflation isn’t real. They can talk your ear off about elementary level economics. They’re about two chapters from flat earthers.

  2. This whole fight is based on Trump’s ignorance. The fed controls the inter-bank loan rate. That keeps the money supply in check. It does not set the 10 year Federal bond rate. The market sets that rate. Anything Trump does to destabilize the economy, and especially if he messes with the independence of the Federal Reserve, will cause the bond markets to react negatively and the ten year Federal Bond rate will go up and along with that mortgages and Federal debt payments. It must be wonderful to be so ignorant.

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In