Fed will act 'more apolitically' this election year: Strategist

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Federal Reserve News

Presidential Election,President Trump,Monetary Policy

Coming out of May's FOMC meeting, the Federal Reserve has opted to hold interest rates where they are for now. While Wall Street worries over if any rate...

where they are for now. While Wall Street worries over if any rate cuts will take shape in 2024, this year'sCiti Wealth Chief Investment Strategist and Chief Economist Steven Wieting sits down with Yahoo Finance to weigh in on how the Fed could act in the backdrop of the election cycle and

Giorgio Viera/AFP via GettyAfter weeks of bellyaching and carrying on about how he would “not be allowed” to take a day off from his criminal hush-money trial to attend his 18-year-old son Barron’s high school graduation, Donald Trump will, in fact, be permitted to go, Judge Juan Merchan said Tuesday. Following the first day of proceedings earlier this month, Trump lambasted Merchan, ranting, “t looks like the judge will not let me go to the graduation of my son.

UPDATE: The lawyer for Karen McDougal and Stormy Daniels further outlined the hush money deals made to his clients, including his suspicion that Donald Trump was “the one” who ultimately funded the Daniels payoff. Lawyer Keith Davidson said on Tuesday that he did not enjoy having to deal with Trump’s lawyer, Michael Cohen.

 

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