Macro News – English
Trump, Fed, and Rate Cut Outlook
- Trump has nominated Kevin Warsh for Fed Chair, with a Senate Banking Committee hearing on April 16. In FX fundamentals, this matters because political pressure for lower rates can clash with the Fed’s inflation mandate. With inflation above target and labor steady, cuts are harder to justify.
Macro News – Urdu
Trump, Fed aur rate cut expectations
- Trump ne Kevin Warsh ko Fed Chair ke liye nominate kiya hai, aur Senate Banking Committee hearing 16 April ko hai. FX fundamentals mein yeh important hai, kyun ke siyasi pressure for lower rates, Fed ke inflation mandate se takra sakta hai. Inflation high aur labor stable ho to rate cuts mushkil hoti hain.