Donald Trump’s “breathtaking fiscal policy excess” and attacks on the Federal Reserve’s independence risk diminishing the US’s status as the ultimate haven for foreign investors, economists polled by the Financial Times have warned.
The poll, conducted by the Kent A Clark Center for Global Markets at the University of Chicago Booth School of Business, found that more than 90 per cent of economists surveyed were either somewhat or very concerned about the haven role of US dollar-denominated assets over the next five to 10 years.
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