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Treasury rates are low due to belief in ‘new normal’ theory, says Trump’s top economist

Kevin Hassett, the White House chief economist, said Wednesday that long-term bond yields are low due to mistaken belief in the ‘new normal’ view of the U.S. economy......»»

Category: topSource: marketwatchJul 11th, 2018

QAnon reshaped Trump’s party and radicalized believers. The Capitol siege may just be the start.

The failed insurrection marked a grim milestone in how the paranoid conspiracy theory QAnon has radicalized Americans, reshaped the Republican Party and gained a forceful grip on right-wing belief......»»

Category: smallbizSource: nytJan 13th, 2021

Trump praises Fed"s "tremendous" decision to cut interest rates, buy securities

President Donald Trump on Sunday night said he was "very happy" with the Federal Reserve's decision to cut its benchmark interest rate to near zero and buy billions of dollars in Treasury a.....»»

Category: topSource: marketwatchMar 15th, 2020

"Headed for permanent recession": Paul Krugman sounds the alarm after Treasury yields tumble and interest rates plunge

Reuters/Tim Shaffer Investors expect the US economy to suffer a prolonged downturn, Paul Krugman argued on Monday. "Mr Market is basically saying that we're headed for permanent recession," the Nobel Memorial Prize-winning economist.....»»

Category: topSource: businessinsiderMar 10th, 2020

Mnuchin, Kudlow join coronavirus task force, Pence announces

Treasury Secretary Steven Mnuchin and top White House economist Larry Kudlow have been added to the Trump administration's coronavirus.....»»

Category: topSource: marketwatchFeb 27th, 2020

"We Want Iran To Behave Like A Normal Nation": US Imposes Sanctions On Virtually Entire Iranian Economy

"We Want Iran To Behave Like A Normal Nation": US Imposes Sanctions On Virtually Entire Iranian Economy As was previewed by Trump two days earlier, moments ago Treasury Secretary Steven Mnuchin and Secretary of State Mike Pompeo conf.....»»

Category: blogSource: zerohedgeJan 10th, 2020

"Deep State" Dudley Flip-Flops, Urges Fed To Cut Rates, Avoid Trump-Killing Recession

"Deep State" Dudley Flip-Flops, Urges Fed To Cut Rates, Avoid Trump-Killing Recession In late August, none other than former Goldman chief economist and the former head of the NY Fed, Bill Dudley, broke the g.....»»

Category: blogSource: zerohedgeOct 28th, 2019

Here"s how the 10-year Treasury note is impacting mortgage rates

Douglas Duncan, Fannie Mae chief economist, and Skylar Olsen, Zillow director of economic research, join "The Exchange" to discuss the impact mortgage rates are seeing from the U.S.-China trade war......»»

Category: realestateSource: cnbcAug 23rd, 2019

Bond Report: 10-year Treasury yield hits lowest since Trump election after Fed hints at rate cut

U.S. Treasury yields trade lower on Wednesday after the policy statement from the Federal Reserve’s two-day meeting suggests the central bank could cut rates later this year......»»

Category: topSource: marketwatchJun 19th, 2019

Cramer: Don"t expect the Fed to bow to Trump"s interest rates demands

Jim Cramer on Thursday called it a "lunatic theory" to think that Fed Chair Jerome Powell should have gone along with President Donald Trump's call to cut interest rates......»»

Category: topSource: madmoneyMay 2nd, 2019

Don"t expect the Fed chair to bow to Trump, Cramer says

Jim Cramer on Thursday called it a "lunatic theory" to think that Fed Chair Jerome Powell should have gone along with President Donald Trump's call to cut interest rates......»»

Category: topSource: moneycentralMay 2nd, 2019

Don"t expect the Fed chair to bow to Trump, Cramer says

Jim Cramer on Thursday called it a "lunatic theory" to think that Fed Chair Jerome Powell should have gone along with President Donald Trump's call to cut interest rates......»»

Category: topSource: moneycentralMay 2nd, 2019

Hours after tweeting about interest rates, Trump nominates two people to Federal Reserve

Trump nominated economist Richard Clarida and banker Michelle Bowman to serve on the Federal Reserve Board. Trump gets to fill six of the seven Fed board seats......»»

Category: topSource: washpostApr 16th, 2018

Hours after tweeting about interest rates, Trump nominates two people to Fed

President Trump nominated economist Richard Clarida and banker Michelle Bowman to serve on the Federal Reserve Board, which sets interest rates and plays a large role in steering the U.S. economy and banking system......»»

Category: topSource: washpostApr 16th, 2018

Trump contradicts his Treasury Department, accuses China and Russia of currency cheating

"Russia and China are playing the Currency Devaluation game as the U.S. keeps raising interest rates. Not acceptable!” the president wrote on Twitter......»»

Category: topSource: washpostApr 16th, 2018

Bond Report: Treasury yields fall as Trump says he’s not happy about Fed hiking rates

Treasury yields fell on Thursday as President Donald Trump said he was concerned the Federal Reserve was raising rates, undoing the fiscal stimulus pushed by his administration......»»

Category: topSource: marketwatchJul 19th, 2018

Treasury yields tick higher after Trump says China and EU manipulate their currencies, rates

Treasury yields briefly rose early Friday after President Donald Trump said in a tweet that China and the Euro.....»»

Category: topSource: marketwatchJul 20th, 2018

Treasury Secretary Mnuchin says Trump "supports" the Fed"s independence

Treasury Secretary Steven Mnuchin tried to soothe fears President Donald Trump is trying to sway the Federal Reserve's plans to raise interest rates this year......»»

Category: topSource: cnnJul 21st, 2018

Treasury Secretary: Trump not threatening Fed"s independence

U.S. Treasury Secretary Steven Mnuchin said Saturday that Donald Trump was not trying to put pressure on the Federal Reserve when he criticized its decision to raise interest rates......»»

Category: topSource: foxnewsJul 21st, 2018

Treasury Secretary: Trump not threatening Fed"s independence

U.S. Treasury Secretary Steven Mnuchin said Donald Trump was not trying to put pressure on the Federal Reserve when he criticized its decision to raise interest rates. .....»»

Category: topSource: moneycentralJul 22nd, 2018

Senate confirms Clarida as Fed vice chairman under Powell

Economist Richard Clarida won Senate confirmation to be vice chairman of the Federal Reserve, reinforcing U.S. central bank leadership as it faces criticism from President Donald Trump over plans to keep increasing interest rates......»»

Category: topSource: moneycentralAug 28th, 2018