A Trump Win Is Seen as a Risk to Fed Independence: Poll
Survey respondents expect a move in Treasury yields if Trump secures a second term
Donald Trump and Jerome Powell in 2017.
Photographer: Olivier Douliery/BloombergThis article is for subscribers only.
The Federal Reserve will face a significant risk of losing its independence to ramped-up political interference if Donald Trump is elected president again, according to the latest Bloomberg Markets Live Pulse survey.
Forty-four percent of respondents said they expect Trump to seek to politicize the central bank or limit its power if he returns to the White House. Overall, they put a probability of 40% on the Fed losing its autonomy under a second Trump administration.