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Fed-White House rift rattles markets as Powell flags political pressure
The Economic Times· 2026-01-12 04:25
The developments rattled financial markets, with the US dollar weakening broadly, US stock futures sliding and Treasury futures rallying, as investors sought safer assets.Here's what market analysts told Reuters, while they weighed in on the implications for the economy and investor sentiment:Market participants said the episode has added a new layer of political and institutional risk at a time when investors are already grappling with uncertainty over global growth and monetary policy. Damien Boey, portf ...