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even though the president was face-to-face with the fed chair today, he says he s still staying hands off. my plan is simple, respect the fed, respect its independence which i will continue to do. even though biden wanted interest rates raised is not an economic cure without its own side effects. put jerome powell in a box. they have to raise interest rates. when they raise interest rates, it makes it harder to buy a home, usually make the stock market go down as we ve seen. and that will affect people s 401(k)s. jerome powell doesn t have a lot of options. republicans say the best option to get inflation under control is to get government spending under control. the white house today is not second guessing any past spending. do you think that any part of inflagrants this year is because of president biden s spending plan or is it all putin s fault? brian just spoke to this. we re at a historic place when it comes to the economy. now we re going to a place where i

May 31 20221 2Fed chair jerome powellPlatinum jubileeBiden appointed powell to a second termWhite houseCharles payneHillary vaughnNeil cavutoInterest ratesSide effectsJerome powell in a boxStock marketGovernment spending401 k s jerome powell doesn tSpending plan