Recent statements by Donald Trump regarding the Federal Reserve and tariffs on China have sparked a sharp increase in confidence in financial markets.
Trump's Tone and Market Response
During a press briefing, Trump declared: *'I have no plan to replace Jerome Powell'*. This shocked many, given his previous criticisms of the Fed Chairman. Additionally, Trump mentioned possible tariff reductions on Chinese goods, which positively impacted the markets:
* The S&P 500 rose by 1.9%. * The Dow Jones increased by 1.4%. * The Nasdaq gained 2.8%. * Japan’s Nikkei 225 closed up 1.7%.
Global Economic Consequences
These changes in Trump's rhetoric raise new questions about his overall economic approach. Some analysts view this as an effort to reassure the business community. The IMF has lowered its global growth forecasts for 2025 to 2.8%. The independence of the Federal Reserve remains a concern, given Trump's previous rhetoric.
Questions on Trump's Strategy and the Market
It remains unclear whether these calming gestures are part of a sustainable strategy or merely tactical adjustments. Time will reveal the coherence of his approach. For now, markets have reacted positively, but economic fundamentals are subject to deep structural tensions.
Despite positive market reactions, questions about Trump's future economic course and its impact on global economic trends remain.
