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Treasuries Gain as Confidence in Warsh Grows, Trump Threatens EU Tariffs
Markets are relieved the Fed will fight inflation, right up until Trump's tariffs show up and do the opposite job.
US equity futures and Treasuries advance a day after the Federal Reserve raised interest rates boosting confidence in Chair Kevin Warsh's commitment to fight inflation. President Trump threatens he will put very serious tariffs on the EU if he thinks its push for closer ties with Canada is harmful to the US. Jane Foley of Rabobank joins "Bloomberg Brief" to discuss the market reaction to the Fed's decision. (Source: Bloomberg)
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