Trump, Jerome Powell and Federal Reserve
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A federal judge on Monday denied a request by a Donald Trump ally to force the Federal Reserve committee responsible for directing US monetary policy to make its meetings publicly accessible and accused an investment firm of wasting the court’s time.
Azoria Capital sued Federal Reserve Chairman Jerome Powell to force the Federal Open Market Committee to open its interest rate meetings to the public.
When the Fed cut short rates in the fall, long-bond yields spiked.
President Donald Trump is expected to focus on global trade relationships as well as the Federal Reserve's upcoming decision on the nation's interest rate.