Economist: The Federal Reserve is becoming increasingly politicized
3hours ago
According to Odaily Planet Daily, Wang Sulin, chief economist for Australia and New Zealand at Royal Bank of Canada Capital Markets, stated that the politicization of the Federal Reserve has intensified in recent months, exacerbating the high risk premium in the United States. This premium is exacerbated by rising budget deficits and debt, an unpredictable government, and investors reassessing their dollar exposure. Although the knee-jerk reaction to the Cook situation has had a slightly positive impact on the front-end yield of Treasury bonds, this situation will not last if the Fed, under coercion from the Trump administration, ultimately compromises and cuts interest rates amidst high inflation. (Jinshi)
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