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...While the debate is far from resolved, Donald Kohn, who served as the Fed’s vice-chair during the 2008 global financial crisis, thinks loftier borrowing costs are likely to linger....
...It is hard to remember what we expected before Donald Trump came to power — in fact, it is increasingly difficult for us to recall the fever dream of his four years in office....
...The dollar’s strength is proving resilient — despite all of US president Donald Trump’s attempts to talk it lower....
...Now they’ve decided not to do us a favour any more,” said Mr Gagnon....
...“To expect that the next move might be a cut is not crazy,” said Joe Gagnon, a former Fed official who is now at the Peterson Institute for International Economics....
...While the US economy is still growing at a relatively strong pace, with unemployment at record lows, Donald Trump’s escalating trade wars have heightened concerns about a looming downturn....
...“Mario Draghi just announced more stimulus could come, which immediately dropped the euro against the dollar, making it unfairly easier for them to compete against the USA,” Donald Trump wrote on Twitter...
...Donald Trump has a point when he complains about foreigners who “rip us off on trade”. There are countries that do just that....
...The world economy will enjoy two years of abundance and it is all thanks to Donald Trump....
...Mnuchin, US Treasury secretary, tried to strike a sanguine note about the sell-off in testimony to the House financial services committee on Tuesday morning, insisting that equities were higher than when Donald...
...Mr Gagnon said the likely announcement on QE will probably be a non-event for markets, but he added that he would “not bet the farm on it”....
...Sam Fleming talks to Donald Kohn and Joseph Gagnon about the prospect of higher interest rates and Donald Trump's proposed tax cuts....
...“Barack Obama is leaving Donald Trump a strong economy with few risks on the horizon apart from ones that might arise from choices made by Congress and the Trump administration itself,” said Joseph Gagnon...
...Joseph Gagnon, a former Fed official now at the Peterson Institute for International Economics, said: “Clearly the markets are expecting some kind of fiscal stimulus and that has been pushing long term bond...
...Joseph Gagnon, a former Fed economist now at the Peterson Institute for International Economics, says it is a notion whose time has come....
...But his 2014 executive move to shield nearly 5m people from the threat of deportation has been stalled by the courts just as Donald Trump ramps up Republican hostility to illegal immigration....
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