Markets.News
Economists have issued a warning that the financial markets may not be fully factoring in the risks associated with President Donald Trump's repeated attacks on the Federal Reserve. A survey conducted by the Financial Times involving 94 economists from the U.S. and Europe revealed concerns over potential consequences of Trump's actions, such as an increase in inflation and a decrease in trust in U.S. government debt. The economists highlighted fears that the Fed's independence in regulating interest rates and managing inflation could be in jeopardy, leading to a permanent shift in focus on job creation and reducing government borrowing costs after Chair Jerome Powell's term ends next year. This information underlines the need for careful consideration of the impacts of Trump's ongoing criticisms of the Federal Reserve.