Opinion: The response from Jerome Powell that would terrify Donald Trump - MarketWatch
1. Trump suggests Fed should cut short-term interest rates significantly. 2. RUT and S&P 400 index fell nearly 10% since January 20. 3. Concern over rising long-term interest rates indicated by 10-year Treasury yields. 4. Falling mortgage rates needed to revive the housing market. 5. Potential for increased inflation expectations could worsen economic conditions.