In his first term, Trump bashed the Fed for allowing higher interest rates in the U.S. vs. Europe to drive up the dollar and hurt exports. Next year will likely bring more of the same, as the U.S. economy remains considerably stronger, meaning rates here will likely fall more slowly than in the Eurozone.
Catarina Saraiva is an Economics Reporter at Bloomberg. She specializes in finance, financial markets, and business economics, with a focus on topics such as inflation, markets, and unemployment. Catarina's work has been featured in prominent publications including The Washington Post, Bloomberg-Quint, and the Los Angeles Times.