Market Strategist: Trump’s Pressure on Powell Might Backfire
Shamaila Khan from UBS Asset Management articulates her perspective on the tensions between President Trump and Federal Reserve Chairman Powell. According to her, it’s unrealistic to expect that one can merely ‘talk down’ interest rates. She implies that these pressures might lead to volatility similar to what emerging markets experience. Nevertheless, she reassures that the underlying institutional stability remains intact. Investors should stay focused on the broader economic indicators during these turbulent times.
