Quantcast
au iconAU

 

 

Donald Trump does US Federal Reserve's interest rate lifting

Donald Trump is in effect doing the work of the US Federal Reserve by raising inflation expectations and triggering a big spike in interest rates around the world.The global bond rout intensified overnight as investors ditched the safe haven asset and bet "Trumpflation" would force interest rates higher over the months and years ahead.

Donald Trump does US Federal Reserve's interest rate lifting
smsfadviser logo

Read the full story at the Australian Financial Review.

Subscribe to Public Accountant

Receive the latest news, opinion and features directly to your inbox