Trump using the DOJ to pressure Powell - with talk of subpoenas and even indictment threats - to push the Fed into cutting rates and gain more control over monetary policy is not something we had on our cards. This matters because when markets perceive monetary policy is bending
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Trump using the DOJ to pressure Powell - with talk of subpoenas and even indictment threats - to push the Fed into cutting rates and gain more control over monetary policy is not something we had on our cards. This matters because when markets perceive monetary policy is bending