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Trump pushes Fed rate cut but long term borrowing may stay high
President Trump urges the Fed to cut rates, yet economists warn long term borrowing costs for mortgages cars and credit may not fall. Tariffs and political pressure could keep 10 year yields elevated, while markets react to independence threats and inflation expectations.
MENTIONED IN THIS ARTICLE
Lawrence Journal-World E Ljworld.com
eSunDay
S&p
Treasuries
AGO Commodities
Donald Trump
Federal Reserve
Fed
Trump
Jerome Powell
Treasury
Powell
Francesco Bianchi
Johns Hopkins University
White House
Wall Street
Lauren Goodwin
New York Life Investments
Canada
Mexico
Bianchi
Goodwin
Tom Porcelli
U.S
PGIM
Porcelli