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Markets brace for volatility amid Trump's Fed maneuvers
Financial markets may be looking at another bout of volatility over the next six months, economists cautioned, as U.S. President Donald Trump clashes with the Federal Reserve to exert influence on monetary policy. Trump's persistent criticism of the Fed board and Chair Jerome Powell for not lowering interest rates, his attempt to fire Governor Lisa Cook, and the nomination of White House economic adviser Stephen Miran as a Fed governor are chipping away at investor confidence in the institution's authority. "The market has been very calm for now (but) the narrative could turn ugly in the coming months," Sree ... (full story)