Following tariffs, the primary concern for the financial industry is the autonomy of the Federal Reserve. This is due to ongoing pressure from the US administration to reduce interest rates. If this were to occur, it could significantly impact the repricing of the US Dollar and the bond market, as well as place considerable strain on the stock market.

The majority of the voting members at the Fed are primarily focused on tariffs that could lead to higher inflation.

Central banks globally cannot permit external interference in their monetary policies. The Fed’s credibility is on the line.

Despite rumors, President Donald Trump has denied any plans to intervene. He stated to reporters, “we are not planning on doing it,” but also noted that he does not rule out any possibilities.

The next challenge for the financial sector involves ongoing tariff negotiations, particularly with the European Union, despite their proposal for reduced tariffs on US goods.

The US is aiming for a tariff of 15% to 20% with Europe and is open to reciprocation. The deadline for these negotiations is........

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