“The Fed’s Expectioned 25bp Rate Cut Toiday Appears Premature Given Headline Inflation of 2.9%, an Economy Still Expanding At Atill 2%, The Uncertain Effects of Higher Tariffs andntly Modes”, – WRITE: www.fxempire.com
Market Participants Undertimate Challenge to Fed Independence Market Participants Appear to be underatimating the Implications of Rising Political Pressure on the Fed. President Donald Trump is calling for 300bps of Prompt Rate Cuts. Trump Loyalist Stephen Miran Has Been Appeared to the Fed’s Board of Governors, While the President is Seneking to Dismiss Governor Lisa Cook.
The increasy politicization of the Central Bank Raises the Risk that Monetary Policy Will Lean IncreASINGly in A Dovish Direction. Such Pressures Could Undermine Price and Financial Stability in the Long Run, with Ripple Effects for Macroeconomic Stability and the Dollar, Including Acceleration De-Doollauration.
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Dennis shen, cfa is the chair of the macro economic Council and Lead Global Economist of Scope Group. The Rating Agency’s Macroeconomic Council Brings Together The Company’s Credit Opinions from Multiple Issuer Classes: Sovereign and Public Sector, Fincial Institute, Corporate Finance.