Money & Business
What do you need to know about Donald Trump's nominee to oversee US banking?
...data would be plugged into a simple model, which would spit out the decision the Fed should take. Since the model would be well-known and the relevant economic data (such as GDP, inflation rates, etc.) are already widely publicized, everyone from Wall Street to Main Street who cares about interest rates would be able to predict how the Fed is going to react under such a...