Markets Stay Calm Amid Political and Federal Reserve Tensions
TL;DR Summary
The article explains why financial markets haven't reacted strongly to Trump's attempts to influence the Federal Reserve, highlighting that markets tend to remain complacent until a crisis becomes unavoidable, as seen in past examples like the 2008 housing bubble and the euro area crisis. It warns that current political interference could lead to a significant policy disaster, but markets may not respond until it's too late.
- Why Aren’t Markets Freaking Out? Paul Krugman | Substack
- What happens if Trump gets control of the Fed? Warnings from history for the US and beyond CNN
- Why the bond market remains so calm amid Trump's Fed war Axios
- Why is the stock market shrugging off Trump's attempted firing of Fed governor Lisa Cook? ABC News
- O’Leary warns of hyperinflation if Trump sets interest rates The Hill
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