Powell Should Be Cautious in His Speech, Says JPMorgan Chase International’s Frenkel

The transcript discusses Trump's criticism of the Federal Reserve and its potential impact on monetary policy. It highlights global uncertainties, such as the trade war and economic issues in Europe, affecting market sentiments. The Fed's cautious approach to interest rate decisions is emphasized, considering the low interest rates and their limited effectiveness in addressing economic challenges. The discussion also covers the negative impact of low and negative yields on the financial industry and the broader economy.

What challenges does the Federal Reserve face in dealing with low interest rates?

How do negative bond yields affect the financial industry?

What are the potential consequences of an inverted yield curve?