Trump's Bid to Influence the Fed Leaves Stock Market Unfazed

Reported 2 days ago

Despite President Trump's aggressive attempts to sway the Federal Reserve by targeting a governor, the stock market showed little reaction, with minimal changes in stocks and bond prices. This muted response may result from the alignment of interests among the president, the Fed, and investors, particularly regarding lower interest rates. However, concerns remain about the long-term implications if the Fed becomes more politicized, which could ultimately lead to higher inflation and interest rates contrary to current goals.

Source: YAHOO

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