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Real or not, Trump's helicopter money drop should alarm Warsh: Mike Dolan

LONDON: A Federal Reserve rate hike on Wednesday will go down like a lead balloon at the White House. But the gap between President Donald Trump's wilder economic pronouncements and his new Fed chair is now so wide that the die may be cast.

The Star MalaysiaMike Dolan查看原文 ↗
无论真假,特朗普的直升机撒钱行动都应该引起沃什的警惕:迈克·多兰

US President Donald Trump. — Reuters

LONDON: A Federal Reserve rate hike on Wednesday will go down like a lead balloon at the White House. But the gap between President Donald Trump's wilder economic pronouncements and his new Fed chair is now so wide that the die may be cast. Trump's promise of US$5,000 checks for every American probably offends Kevin Warsh's monetarist sensibilities most of all.

Most analysts in Washington and on Wall Street think Trump's pledge of a $5,000-per-person dividend if Republicans retake Congress this November is a non-starter.

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