Trump's Fed Pressure: Markets Brace for Political Influence

Is the Fed losing its independence? Wall Street is on edge as Trump pressures the Federal Reserve for interest rate cuts, sparking fears of political influence over monetary policy. Investors are flocking to stocks and gold as a hedge against potential inflation, with Goldman Sachs predicting gold could skyrocket to $4,000-$5,000 an ounce. Traders are already betting on rate cuts as early as September, while value stocks surge and the yield curve steepens. Is this the calm before the storm in the currency markets? All eyes are on the White House and the Fed as markets brace for a politically influenced future. Hosted on Acast. See acast.com/privacy for more information.