President Donald Trump on Thursday said he would press the Federal Reserve to lower interest rates “immediately,” rekindling a fight over the historically independent U.S. central bank.
Keefe, Bruyette & Woods analysts downgrade Fannie Mae and FreddieMac to Underperform. The firm does raise the price target for Fannie Mae from $3 to $4 and FreddieMac from $4 to $4.50.