The politicization risk of the Federal Reserve may trigger inflation uncertainty and rising borrowing costs.
ChainCatcher news, according to Jinse Finance, UBS stated that Federal Reserve Chairman Powell's speech at Jackson Hole signaled an increased probability of a rate cut in September, but lacked guidance on a medium-term policy framework. UBS pointed out that Powell did not make a stronger defense of the Fed's independence, and that a politicized Fed under Trump in the future could reignite inflation uncertainty, increase real borrowing costs by 1 percentage point, and trigger a chain reaction affecting fiscal policy and household savings, among other areas.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ETH surpasses $4,600
In the past 24 hours, the total liquidations across the network reached $777 million, mainly long positions.
Trending news
MoreCrypto prices
More








