Arthur Hayes: Trump's tariff plan may force the Fed to restart loose monetary policy
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BitMEX Arthur Hayes said, "Trump's tariff plan further proves his commitment to reverse these imbalances. For U.S. Treasury bonds, the problem is that foreign investors cannot buy bonds without US dollar exports. The Federal Reserve and the banking system must intervene to ensure the normal operation of the Treasury market, which means restarting loose monetary policy (Brrrr).
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