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Goldman Says Trump’s Tweets Attacking Fed Don’t Move Markets

  • Research finds Trump comments on trade do shape market bets
  • Study says ‘weak evidence’ Trump tweets on Fed have an impact
Trump Assails Fed On Twitter After Manufacturing Data Takes A Nose Dive
Photographer: Andrew Harrer/Bloomberg

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Goldman Sachs Group Inc. economists argued there is “weak evidence” to suggest financial markets are moving in response to President Donald Trump’s tweets about the Federal Reserve, but they are swayed by his comments on trade.