The Federal Reserve is switching from data-dependent to increasingly more Trump-dependent ...Middle East

forex live - News
The Federal Reserve is switching from data-dependent to increasingly more Trump-dependent

The Federal Reserve is likely to hold off on interest rate cuts in the first half of the year, as persistently elevated core inflation and a resilient U.S. economy in the first quarter keep policymakers cautious, according to analysts at TD. The potential economic impact of new tariffs under a Trump administration in the second quarter further reinforces their view.

While the Fed remains officially data-dependent, TD argues that its decisions are becoming increasingly influenced by political developments:

    In our view, decisions by Fed officials, while still data-dependent, are increasingly turning more Trump-dependent.

    "The Fed meeting offered no directional anchor" analysts noted, highlighting the uncertainty surrounding the policy stance of a new administration and its implications for inflation.

    Given this backdrop, TD maintains a bullish outlook on the U.S. dollar, viewing any dips as buying opportunities, particularly against the euro, Canadian dollar, and British pound. They also note that positioning in currency markets has recently become more balanced, potentially setting the stage for further USD strength.

    This article was written by Eamonn Sheridan at www.forexlive.com.

    Hence then, the article about the federal reserve is switching from data dependent to increasingly more trump dependent was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

    Read More Details
    Finally We wish PressBee provided you with enough information of ( The Federal Reserve is switching from data-dependent to increasingly more Trump-dependent )

    Apple Storegoogle play

    Last updated :

    Also on site :

    Most viewed in News