Markets Remain Calm Amid Trump’s Fed and Debt Concerns
TL;DR Summary
The article discusses Donald Trump's efforts to influence the Federal Reserve to lower interest rates to reduce the US government's rising debt costs, raising concerns about 'fiscal dominance' where fiscal policy overly influences monetary policy, potentially undermining inflation control and central bank independence.
- Behind Trump’s Bid for Fed Dominance Lies a Dangerous Debt Idea Bloomberg.com
- Yields: Hold My Beer National Review
- Trump’s Fed attack adds to fear Treasurys, dollar face emerging-market-style risks MarketWatch
- Stocks Are Shrugging Off Trump’s Fed Gambit. This Corner of the Market Isn’t. Barron's
- Why Aren’t Markets Freaking Out? Paul Krugman | Substack
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