I’m Chris Anstey, an economics editor in Boston. Today we’re looking at the risk of tensions between the Fed chief and the new president in 2025. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here.
The biggest piece of news out of Federal Reserve Chair Jerome Powell’s press conference Thursday had little to do with interest rates. Instead, it was his terse response to a question about whether he would resign if asked to by the incoming Trump administration.