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Policy-made rates reshape everything: mortgages, bonds, stocks, and commodities.
Like Trump, Waller favors more monetary inflation and is “a dove in favor of running the economy hot.”
After central bank expansionary efforts have unleashed inflation, officials then seek to contract the money supply in an attempt to undo the inflationary damage....
Trump on Monday suggested that Miriam Adelson, one of his biggest donors during his 2024 campaign, “loves” Israel more than the United States.