The US Department of Justice’s (DOJ) criminal investigation launched against Federal Reserve Chair Jerome Powell raises questions about the status of the US central bank’s independence, as President Trump mulls over Powell’s replacement for when his term ends in May.
Truist CIO and chief market strategist Keith Lerner assesses the bond market reaction (^TYX, ^TNX, ^FVX) to the latest headlines and how Wall Street is shifting back into the “Sell America” trade.
Keith Lerner calls the Fed investigation the second “curveball” to happen in 2026.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here: https://finance.yahoo.com/videos/series/morning-brief/
#youtube #stocks #federalreserve
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