US Edition
Trump's Attempted Fed Takeover Is Pushing up the Rates that Matter Most to Consumers
President Trump's attempt to influence Federal Reserve policy by removing Governor Lisa Cook has driven 10-year Treasury yields to 4.29%, signaling market concerns over central bank independence.
Summary by CNBC
7 Articles
7 Articles
The move by Donald Trump, president of the United States (EU), to remove Federal Reserve Governor Lisa Cook, is a direct attempt to politicize the US central bank and is “deeply dangerous,” warned former Fed President Janet Yellen yesterday. His opinion piece in the Financial Times was published days after Trump said he will dismiss Cook on charges of mortgage fraud. However, Yellen argued that accusations alone do not constitute the kind of “ca…
Trump has dismissed Fed Governor Lisa Cook. The attack on central bank independence could push bond yields vigorously. The post Trump attack on the Fed – immense risk for bond yields appeared first on financial marketwelt.de.
Coverage Details
Total News Sources7
Leaning Left2Leaning Right0Center2Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
Factuality
To view factuality data please Upgrade to Premium
