What Trump’s win means for Bitcoin, tariffs and global finance

  • 📰 Channel4News
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 68%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

From deregulation to soaring trade tariffs - what impact is Trump's win likely to have on global financial stability

From deregulation to soaring trade tariffs – what impact is Trump’s win likely to have on global financial stabilityThe financial markets divide the days between risk-on and risk-off days – do traders want to buy more, do they think prices will go up?The big winner is the US stock market.

The Bitcoin Bros have been Trump’s biggest corporate funder – he’s campaigned with them, launched his own stablecoin, and promised to sack the head of the financial regulator if elected. Economists think the Federal Reserve – an organisation Trump wants more control of – will now slow the pace of rate cuts.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 27. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines