Markets think Trump 'affects Fed policy indirectly by influencing the macroeconomic outlook,' Goldman said. Evidence his tweets 'affect market expectations...
Trump often takes to Twitter to both criticize the Federal Reserve Chief and to vocalize trade policy. Goldman Sachs analyzed just how much of an effect these Tweets are having on markets. Traders and investors believe that his Tweets do indeed influence Fed policy, albeit via trade. "Markets believe that the President primarily affects Fed policy indirectly by influencing the macroeconomic outlook," economist Ronnie Walker wrote. View Markets Insider's homepage for more stories.
Trump often takes to Twitter to both criticize the Federal Reserve Chief and to vocalize trade policy. Goldman Sachs analyzed just how much of an effect these Tweets are having on markets. Traders and investors believe that his Tweets do indeed influence Fed policy, albeit via trade. "Markets believe that the President primarily affects Fed policy indirectly by influencing the macroeconomic outlook," economist Ronnie Walker wrote. View Markets Insider's homepage for more stories.
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