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Fed remains cautious over Trump Bump

US Federal Reserve policymakers are not taken in by the euphoria sweeping Wall Street

Published Thu, May 4, 2017 · 09:50 PM

    Washington

    INVESTORS are a non-ideological and pragmatic bunch, as is the new resident of 1600 Pennsylvania Avenue, Washington DC. Which explains, in part, why reporters covering Wall Street and the White House are facing the challenge of trying to figure out President Donald Trump's economic policies and the political leanings of the financial sector, which are the two sides of the same story.

    During the 2016 presidential campaign, pundits were speculating that Wall Street was rallying behind the Democratic presidential candidate, Hillary Clinton.

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