Trump moves to fire Fed governor Lisa Cook as feud with central bank escalates
Shorter-term US Treasury yields sliding as investors anticipate a more doveish monetary policy in the medium term with President Donald Trump's attempt to fire Fed governor Lisa Cook. His latest move comes as he seeks to wrest control over monetary policy from the central bank by changing the composition of the policymaking body. Nick Harper reports from Washington DC.
Shorter-term US Treasury yields sliding as investors anticipate a more doveish monetary policy in the medium term with President Donald Trump's attempt to fire Fed governor Lisa Cook. His latest move comes as he seeks to wrest control over monetary policy from the central bank by changing the composition of the policymaking body. Nick Harper reports from Washington DC.