Trump's next Fed chair pick already comes with a credibility problem

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  Posted by Two Blokes Jul 9 - Filed in General - #TwoBlokesTrading  - 7 views
  
  The next Fed chair faces an additional burden: credibility issues now that President Donald Trump has stepped up efforts to exert a heavy hand on monetary policy. Trump reportedly is considering naming a "shadow chair" until the current occupant, Jerome Powell, leaves office next year, in an attempt to pressure the Fed into cutting rates.