Markets Weekly April 19, 2025

This episode of Markets Weekly, recorded on April 19th, focuses on President Trump's increasing pressure on the Federal Reserve and ongoing trade war developments. The speaker discusses Trump's intent to potentially replace Chair Powell, the implications for the Fed's independence, and the market's concerns, drawing parallels to Turkey's monetary policy under President Erdogan. The episode also covers trade negotiations with Japan, Italy, and China, highlighting the lack of progress with China and the potential impact of trade dynamics on European inflation, contrasting it with the US perspective of a negative supply shock.