๐บ๐ธ TRUMP
Trump says the Fed "hates" cutting interest rates
๐ก Why it matters: Public pressure from the president on the Fed may lift expectations for lower rates or raise questions about the central bank's independence. Markets could react through moves in the dollar, bonds and risk assets, but the comment alone does not change the Fed's decision.
โ Winners: Risk assets, if markets bet on lower rates
โ ๏ธ Losers: Dollar and bonds, if confidence in Fed independence weakens
#Macro #Fed
Trump says the Fed "hates" cutting interest rates
๐ก Why it matters: Public pressure from the president on the Fed may lift expectations for lower rates or raise questions about the central bank's independence. Markets could react through moves in the dollar, bonds and risk assets, but the comment alone does not change the Fed's decision.
โ Winners: Risk assets, if markets bet on lower rates
โ ๏ธ Losers: Dollar and bonds, if confidence in Fed independence weakens
#Macro #Fed
