Dollar got into thunderstorm
Fed has always been a lightning rod, the storm in 2018-2019 is just stronger
The more you get, the more you want. In 2018, Donald Trump used to call for the Fed to stop hiking the rate and unwinding the balance sheet. After the central bank had done this, the US president started insisting on the monetary easing, including a new round of QE. The US president believes that the Fed’s current policy damages the US growth and the stock indexes, it also weakens the US positions in the trade war. The US needs a fair playing field against China,…
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