Traders expect that the Fed probably will ignore Trump's rate complaints
July 20, 2018 at 11:21 AM EDT
President Donald Trump's criticism of monetary policy won't have much impact on how the Federal Reserve goes about its business, judging by initial market reaction. While making for more eye-popping headlines out of the Oval Office, the president's complaints that rising interest rates are hampering the economic progress made under Trump did not move the fed funds futures market, where traders make bets about the Fed's future moves.