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UBS On-Air: Paul Donovan Daily Audio 'The Middle East lockdown'
Published 1 month, 2 weeks ago
Description
US President Trump vowed to continue investigating the Federal Reserve, and possibly fire Fed Chair Powell. Fed Chair nominee Warsh’s confirmation continues to be blocked by Senator Tillis. Markets do not appear willing to price an end to Fed independence, but given the differences in their reputations within the Fed, Powell might find it easier than Warsh to get rate cuts.