Markus Jaeger

Markus Jaeger, a Global Economy Analyst at RANE, delves into the precarious state of Federal Reserve independence amidst political criticism, particularly from the Trump administration. He discusses the legal foundations that uphold the Fed's autonomy, highlighting the significance of the dismissal of Fed Governor Cook. Jaeger warns of scenarios that could threaten this independence and analyzes the market implications of politically motivated rate cuts. He also considers the global effects of a weaker dollar and its impact on emerging markets.