Donald Trump's love of retribution migh complicate his dream of naming a n Federal Reserve chairman. Yesterday, Trump officially announced that the former Fed governor, Kevin Warsh, would be his pick to succeed Jerome Powell as the chair in May. Warsh has built a reputation as a Fed critic who thinks the central bank has drifted beyond its mandate, but Trump's constant targeting of Powell, the current Fed chair, is putting Warsh's Senate confirmation in question.Republican Senator Tom Tillis, who sits on bo ...

Market Risk - JPMorgan Asset Management 认为，如果美联储降息被认为是受政治压力驱动且与央行预测不符，将增加股票、债券和美元的风险 [1]

Economic Context - The Federal Reserve will consider interest rates amidst significant political pressure [1] - Evolving trade policy creates economic uncertainty [1] - Economic cross-currents add complexity to the decision-making process [1]