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Stock impact report

CNBC Daily Open: Trump’s desire to intervene in Fed could cause chaos [MSNBC.com]

United Airlines Holdings, Inc. (UAL) 
Last united airlines holdings, inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.united.com
Company Research Source: MSNBC.com
Daily OpenCNBC Daily Open: Trump’s desire to intervene in Fed could cause chaosPublished Sun, Apr 20 2025Yeo Boon PingWATCH LIVEKey PointsThe Marriner S. Eccles Federal Reserve building in Washington, DC, U.S., on Thursday, Sept. 12, 2024.Stefani Reynolds | Bloomberg | Getty ImagesTaken from CNBC’s Daily Open, our international markets newsletter — todayAn independent central bank is seen by most (including this newsletter) as the bedrock of a functional economy. Officials steer the economy by calibrating the benchmark interest rate on which bank loans and mortgages, among other debt, are based.Corporations and consumers, in general, like low interest rates because the cost of borrowing is cheaper. The former is incentivized to expand and invest, which, in turn, tend to increase income and spending among the latter. But such behavior can overheat the economy, causing prices to shoot up.U.S. President Donald Trump's repeated calls for Federal Reserve Chair Jerome Powell to cut interest Show less Read more
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