GasWaster
The Fed's credibility is getting tested, and it's showing up in how markets are pricing everything right now. When there's doubt about whether the central bank can actually do its job independently, traders and investors start second-guessing themselves.
Here's what's happening: uncertainty around Fed independence is creating a ripple effect through pricing mechanisms. Assets that should trade based on fundamentals are instead responding to questions about policy autonomy and institutional trust. It's creating noise in an already volatile landscape.
Williams points to the core issue—when marke
Here's what's happening: uncertainty around Fed independence is creating a ripple effect through pricing mechanisms. Assets that should trade based on fundamentals are instead responding to questions about policy autonomy and institutional trust. It's creating noise in an already volatile landscape.
Williams points to the core issue—when marke