Fed crisis tool could be weaponised, Harvard economist says
- Posted on January 28, 2026
- By Business News Today
- 4 Views
Fed crisis tool could be weaponised, Harvard economist says
A key tool used by the U.S. central bank to stabilise global financial markets in times of crisis could be weaponised by the Trump administration, Kenneth Rogoff, a former IMF chief economist said, when asked if that was a possibility.