Are Trump’s Fed tweets working?; repo turmoil may be here to stay.

Are Trump's Fed tweets working? "Even if President Trump does not directly influence Fed decisions, his political pressure can still affect policy indirectly by changing market expectations regarding the Fed", says the paper, which was written by three university professors. A new paper published by the National Bureau of Economic Research, which says that the president's constant criticism of the Federal Reserve is influencing Fed policy, whether directly or indirectly. [Extracted from the article]