Trump 2.0 piles pressure on reserve managers
Speakers at Central Banking Spring Meetings discuss positioning, interventions and impact of lost aid
Central bank reserve managers are having to take action in response to the flurry of policy changes by the new US administration.
Speakers at the Central Banking Spring Meetings on February 26 highlighted the impact of the macroeconomic shock that hit the global economy after president Donald Trump imposed tariffs on several countries. As a reserve manager from the Americas noted, tariffs would be likely to result in inflationary pressure in the US, higher US interest rates and a stronger dollar
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