How is the Fed reacting to Trump’s trade war?

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Financial Times 12h ago

How is the Fed reacting to Trump’s trade war? - Financial Times

Quick Summary:

But some strategists think that is overly optimistic, at a time when investors are also betting that inflation one year from now will be roughly 3.4 per cent, according to the one-year US inflation swap.

The cryptocurrency hit record levels this week, extending a rally that began days after Trump unveiled his aggressive tariff policy in April.

Tariff concerns seemed to have taken a back seat for financial markets by this week, overtaken by headlines about US government spending and tax policies.