Balance of Power Trump U-Turns on Powell
Apr 23, 2025
In this engaging discussion, Melinda Haring, a Nonresident Senior Fellow at the Atlantic Council and an expert on Ukraine, shares her insights on the ongoing negotiations between Ukraine and Russia, stressing the need for stronger security guarantees. Meanwhile, Ed Ludlow, co-host of Bloomberg Technology, provides a fascinating look at how global political dynamics are influencing Tesla's stock performance, despite recent challenges. Together, they unravel the implications of Trump's shifting stance on tariffs and the Federal Reserve amid growing market anxieties.
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Trump Reverses on Fed Chair Powell
- President Trump reversed course and stated he has no intention to fire Fed Chair Jerome Powell.
- This reversal calmed markets after Trump had previously criticized Powell's policy stance harshly.
Market Cautiously Optimistic on Trump Shift
- The Trump administration is now responding to the market's concerns, showing some adaptability.
- This shift brings cautious optimism but reveals the market's hope that Trump's aggressive rhetoric is not serious.
Business Warnings Soften Trump's Tariffs
- Trump's softened stance on tariffs follows direct warnings from CEOs about economic harm and empty shelves.
- Market volatility and business concerns prompted a more moderate approach to trade policies.