ECB Governing Council Member: Trump's attacks on the Federal Reserve are counterproductive and trigger a flight to safe havens
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Nagel cited a recent study by the German central bank, which examined the situation since early 2025. The research showed that when Trump pressured the Federal Reserve, it did not lead to a rise in inflation expectations. Instead, it caused US Treasury yields to fall, stock prices to decline, gold prices to surge, and the US dollar to weaken.
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智通财经•2026/11/13 03:46
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