According to the largest financial management company, Blackrock, Donald Trump's foreign policy poses the biggest risk for markets and the economy. At the same time, the policy of the Federal Reserve to raise interest rates puts pressure on the currencies of weaker and more vulnerable economies. According to the company, the crises in Argentina, Turkey and Brazil point to that effect. At the same time, however, they believe that Jerome Powell's policy is appropriate for the economy, given the strong readings on inflation and employment.
However, according to other analysts, the Federal Reserve policy is the greatest threat to the global economy, as the policy of tightening financial conditions puts enormous pressure on countries whose economies depend on dollar funding. Both sides agree that the risks to the global economy have not subsided.
Source: CNBC
Original post: Trump's trade war with China is "biggest risk to the global economy"
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