Adam Posen, president of the Peterson Institute of International Economics, said the public commitments announced by Trump do represent a “meaningful increase” - but one that amounts to hundreds of billions of dollars, not trillions.
Trump says the U.S. has secured $17 trillion in new investments. The real number is likely much less
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“The nuclear scenario is ... the reappointment of the reserve bank presidents and interfering with that, (which) would be the signal that things are truly going off the rails," said Adam Posen, president of the Peterson Institute for International Economics.
Looking at what it could mean for the Fed to lose its independence
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