Fri Jun 27 12:20:00 UTC 2025: Okay, here’s a news article summarizing and rewriting the provided text:

**Treasury Yields Rise Ahead of Key Inflation Data; Trump Intensifies Criticism of Fed Chair Powell**

**NEW YORK -** U.S. Treasury yields edged upward on Friday as investors braced for the release of the Personal Consumption Expenditures (PCE) price index, the Federal Reserve’s preferred inflation gauge. The market is keenly watching the data for signals about the future direction of monetary policy.

As of midday trading, the 10-year Treasury yield climbed 2 basis points to 4.273%, while the 2-year yield rose 3.5 basis points to 3.75%. The 30-year yield remained relatively stable at 4.821%. Yields move inversely to prices.

Economists anticipate the headline PCE inflation rate for May to reach 2.3%, a slight increase from April’s 2.1%. Core PCE inflation, excluding volatile food and energy prices, is projected to rise to 2.6% from 2.5% the previous month, according to a Dow Jones poll. Investors are also closely monitoring personal income, consumer spending, and consumer sentiment data.

Adding to market uncertainty, President Donald Trump has renewed his criticism of Federal Reserve Chairman Jerome Powell. Following Powell’s Congressional testimony earlier this week, where he reiterated the Fed’s cautious stance on interest rates, Trump has reportedly accelerated his timeline for finding a potential replacement for Powell.

Trump has indicated that he has a shortlist of three to four candidates and is expected to announce his nominee as early as September or October. This development injects further volatility into the market as investors consider the potential implications of a change in Fed leadership. The president has publicly disagreed with Powell’s policies, particularly regarding interest rates.

The release of the PCE report later today will be a crucial indicator for investors trying to assess the economic outlook and the likely trajectory of Federal Reserve policy.

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