Trump Intervenes in Market, Fed Faces Dilemma Amid Price Dislocations
The Federal Reserve is set to kick off its two-day meeting amidst a slew of price dislocations, including an AI sell-off and rising oil prices.
The yield on the 10-year Treasury hit a level not seen since 2007, adding pressure on the Fed to target inflation, which remains above the 2% target.
President Donald Trump has intervened in the market, calling concerns over the AI sell-off a 'hoax.'