Moody's Talks - Inside Economics The Inbox Episode
Apr 18, 2025
Celebrate four years of insightful discussions! The hosts dive into listener questions about the global trade war, tariffs, and the evolving dynamics of the dollar and bond markets. They also tackle the complexities of immigration and innovation in driving economic growth and critique the impact of tariffs on productivity. Amid rising energy prices, they analyze the intertwined effects of U.S.-China supply chain dependencies and the potential for a recession. Tune in for smart insights on economic trends and listener-driven discussions!
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Fed Chair Powell on Rate Policy
- Federal Reserve Chair Powell emphasized data-driven decisions amid trade war uncertainties.
- President Trump expressed frustration and hinted at possibly replacing Powell before term ends.
Risk to Fed Independence
- President Trump’s criticism of Fed independence risks undermining investor confidence.
- Such interference may ironically raise long-term interest rates, contrary to intended effects.
US Bonds Act Like Emerging Markets
- Rising U.S. Treasury yields amid turmoil resemble emerging market behaviors.
- Political unrest and policy uncertainty weaken dollar safe haven status.