Banana Republican Seeks Central Bank

Market Report for Tuesday, April 22, 2025

Apr 22, 2025

∙ Paid

Banana Republican Seeks Central Bank

Stocks fell sharply Monday under the weight of one man’s economic vision. President Trump wants the Federal Reserve to serve at the pleasure of his pleasure, another wing of the West Wing, slashing rates on command. With Fed independence foundational to US financial credibility, investors bailed.

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