News about Donald Trump

From the Bloomberg article, “Fed Rate-Cut Debate Shifts From When Toward If on Inflation Data:” Fed Chair “Powell has kept the committee united in its rate path, with no dissents in nearly two years, but there are some signs of strains. Until recently, Powell had sounded dovish… pic.twitter.com/1wbDAzrrtx

Would Fed chair Jay Powell leave his term early? Here's what he said in 2019 when the threat of forced removal was in the air: “It doesn’t occur to me in the slightest there would be any situation in which I would not complete my term other than dying.” www.wsj.com/economy/central-banking/a-brief-history-of-the-feds-uneasy-peace-with-the-white-house-608dee30?mod=hp_lead_pos3

FED RATE DOUBTS HAVE OPTIONS TRADERS COVERING BOTH HIKES AND CUTS Treasury options traders are protecting against everything from multiple interest-rate cuts this year to a hike ahead of the US Federal Reserve meeting this week. www.bloomberg.com/news/articles/2024-04-28/fed-rate-doubts-have-options-traders-covering-both-hikes-and-cuts?sref=dJOSAJZH

❖ "NO RATE CUTS BY THE FEDERAL RESERVE UNTIL 2025? The CEO of one of the world's largest independent financial advisory and asset management organizations is warning that there's a legitimate risk of no US interest rate cuts by the Federal Reserve this year. "This data…