Trump’s Fed nightmare: Rates won’t be slashed. They could surge now

Who is covering this

1. The Sydney Morning Herald Leans left Factuality: High AU 3 hours ago
   Trump’s Fed nightmare: Rates won’t be slashed. They could surge now

   The US president’s demands for falling interest rates are going to be ignored when the Federal Reserve responds to last month’s hotter-than-expected inflation rate.

2. Times of India Center Factuality: Mostly factual IN 7 hours ago
   US stocks: US market falls as hot inflation, hawkish Fed fuel rate-hike fears

   US stocks closed lower after hotter-than-expected inflation data strengthened expectations of a December Federal Reserve rate hike and raised the possibility of more aggressive tightening. Rising Treasury yields and weakness in technology stocks, particularly Nvidia, weighed...