White House Economic Council Director: Trump Dismissing Powell Could Lead to Inflation and Long-Term Rate Hikes

BlockBeats News, August 26th, White House National Economic Council Director Brian Deese, when talking about Trump's removal of Federal Reserve Board member Lael Brainard, stated that this was an unprecedented attack on the Federal Reserve, and this action could lead to inflation and a rise in long-term interest rates. (FX168)