Detailed text transcripts for TV channel - FOXNEWS - 20190731:20:04:00
When he saw the dow go off the cliff as much as 478 points. on the upside, he got a rate cut and the fed chairman said they would end the policy of quantitative tightening in the next couple months, which is something that the president wanted to have happen. and you heard it mention a second ago, was the fed giving in to pressure from president to do what the president wanted powell to do. here's what powell said about that. >> we never take into account political situations. there's no place in our discussions for that. we don't conduct monetary policy to prove independence. we conduct monet...
Source: archive.org