Tag Archives: Mohamed El-Erian

Fallout over Fed policymakers’ investments reshaping the board

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The resignation of Biden appointee Adriana Kugler and pending retirement of Atlanta Fed President Raphael Bostic renews speculation that Trump will seek to undermine Fed independence. Continue reading →

Why Trump’s moves to control Fed could send mortgage rates higher

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If bond market investors get cold feet about buying government debt and mortgage-backed securities, that could push long-term interest rates higher, even if the Fed cuts short-term rates. Continue reading →