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UBS On-Air: Market Moves

UBS On-Air: Paul Donovan Daily Audio 'Taxing via tariffs'

09 Dec 2024

Description

US President-elect Trump gave a wide ranging interview, touching on several points that matter to investors. Trump seemed to acknowledge the independence of the Federal Reserve (the chair cannot be dismissed on presidential whim). This will reassure markets. Investors may, however, be concerned by the determination to deport migrants established in the US economy.

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