Donald Trump

Markets see-saw as interest rates get political

     
Markets see-saw as interest rates get political

Fed Chair Jerome Powell says interest rates must keep increasing. President Donald Trump disagrees. And markets see-sawed this week over their differences.

The latest? The 10 Year US Treasury yield approached recent lows as investors tried to make sense of the turbulence, which wasn’t helped by falling commodity prices and the ripple effects of trade tension with China.

Powell spoke first when he delivered his regular, prepared testimony to Congress on Wednesday.

Continue reading Markets see-saw as interest rates get political at Movement Mortgage Blog.

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