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ICYMI: The Risks to US Exceptionalism | Bloomberg Businessweek
Posted
August 27, 2025
Views
273
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August 27, 2025
273
4
1.47%
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4:25
11:36Now PlayingThe dollar fell and longer-dated Treasury yields rose as President Donald Trump’s push to remove Federal Reserve Governor Lisa Cook fueled concern about central bank independence and inflation risks. Stocks eked out gains before Nvidia Corp.’s results.
While the moves were modest in listless summer trading, they underscored growing unease over political interference in monetary policy. That could give Trump another chance to name someone to the Fed board as he repeatedly pressures officials to cut rates.
Ben Inker, Co-Head of Asset Allocation and Portfolio Manager at GMO, breaks down the market risks facing US investors and White House's legal battle with the Fed escalates. Ben speaks with Tim Stenovec and Isabelle Lee on Bloomberg Businessweek Daily.
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Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.
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