Markets face pressure as the Fed comes under attack

Analyzing the Trump Administration’s Challenge to the Federal Reserve

The recent actions taken by the Trump administration against the Federal Reserve are both extraordinary and significant. What remains perplexing is the muted response from financial markets yesterday, raising questions about whether investors are truly unconcerned. In today’s analysis, I break down the various factors at play. My conclusion: markets are indeed highly attentive to these developments. Should the administration persist in its pressure on the Fed—which I consider likely—the US Dollar is poised for a sustained downturn. The past two days have been marked by numerous developments, and it’s crucial to distinguish each element clearly. Notably, as events unfolded yesterday, news surfaced that an official inquiry into the Fed had commenced...