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zero2h agoFederal court rejects Trump order keeping Michigan coal plant open
A federal court rejected a Trump order to keep a Michigan coal plant open, indicating judicial constraints on executive energy mandates. This suggests regulatory pressure against fossil fuel support, which could reduce inflation and support lower rates by the stated window. The ruling does not establish the Fed's actual policy path.
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A federal court rejected a Trump order to keep a Michigan coal plant open, indicating judicial constraints on executive energy mandates. This suggests regulatory pressure against fossil fuel support, which could reduce inflation and support lower rates by the stated window. The ruling does not establish the Fed's actual policy path.
Will the upper bound of the target federal funds rate be ≥ 4.5% at the end of 2026?
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