Kitco News: Powell, Bad Data, and a Fractured Fed in the Shadow of the Trump Admin

The Federal Reserve stands at a critical juncture, navigating a complex landscape of economic data inconsistencies, growing internal dissent, and vocal political pressure regarding its leadership and monetary policy direction. This intricate scenario was expertly dissected by Danielle DiMartino Booth, a respected voice in monetary policy, during a recent discussion with Jeremy Szafron on Kitco News. The central theme of the conversation revolved around the quality of economic data guiding the Fed’s interest rate decisions and the palpable signs of an impending economic slowdown. Booth highlighted how a string of significant data revisions has thrown a wrench into the prevailing…