It is not as if everyone will get impacted because there will be shifting channels, because he wants to put more tariffs towards China and some other countries, so some other countries might benefit. But overall, it has an impact on companies which are exposed to global trade, while higher interest rates might help financial companies here, which are undergoing NIM compression. So, these are some of the thoughts initially.
Fed rate hike ‘not urgent’, says John Williams; Austan Goolsbee warns against ‘playing with fire’
Federal Reserve Bank of New York President John Williams stated there could be one more interest rate increase before year-end. He emphasized that the central