The Trader 

Market Outlook: Dining in style

The Trader

Ahead of today’s State of the Union address by President Trump – which had been postponed because the partial federal government shut down – Chairman of the Federal Reserve Jerome Powell and Vice Chair Richard Clarida were invited last night for supper at the White House; Treasury Secretary Steven Mnuchin joined them at the informal meal. This was Mr Powell’s first face-to-face meeting with Mr Trump since the latter picked him for his current role. Oh, to be a fly on the wall after the President had accused the Fed Chairman of being ‘out of control’ for raising interest rates.

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