Trump wants lower mortgage rates. His Fed pick may push the other way. The Washington PostUntangling the ideas of Donald Trump's Fed nominee The EconomistHow much power does the Fed chair really have? : Planet Money NPRWarsh Call for Fed-Treasury Accord Stirs Debate in $30 Trillion Bond Market Bloomberg
Tuesday's flat reading on December retail sales was translating into concerns that U.S. growth may not be as strong as previously presumed — resulting in what will likely be a lower path for both interest rates and inflation this year.
