White House Says It Will Support the Fed's Decision, but Sees High Interest as Unwarranted
4 Articles
4 Articles
Less than a week before the Federal Reserve (Fed) monetary policy decision, the market ran to reinforce the bets that the American central bank will raise interest on next Wednesday. On the curves, the majority chance was already of a monetary tightening — the first increase since July 2023. On the sideside, however, there was a race on Friday, with several changes in the call, one after the other, starting to project a high rate. At stake, not …
Donald Trump is demanding lower interest rates from the Fed, while bond markets are waiting for the Fed to show that it remains focused on inflation and independent of the White House.
On the other hand, director of the National Economic Council said that both he and Donald Trump do not see technical reasons for increasing interest
Kevin Hassett states that government will respect American BC's independence, although he and Trump consider that scenario does not require higher rates
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
