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Daybreak Holiday: Trump versus Powell, ETF Inflows, Antitrust in Focus

Bloomberg Daybreak: US Edition

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Political Influence and the Federal Reserve

This chapter explores the potential implications of political influence on the Federal Reserve, particularly regarding a former president's hypothetical actions toward its chair. It discusses the significance of central bank independence, past leadership dynamics, and current economic policies, including the effects of tariffs on inflation. Additionally, it examines the complexities surrounding new appointments and the market's reaction to the Fed's cautious stance on interest rate cuts.

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