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Riding the Retribution Highway

Tuesday 13th January 2026NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABPresident Trump has been directing sharp words at Jerome Powell and the Federal Reserve, while the Fed Chair has pushed back, suggesting that any legal action against him is politically motivated. It’s the kind of confrontation with the central bank that many had anticipated, yet markets have taken it in their stride so far.Where markets have reacted more noticeably is the proposal for a 10% cap on credit‑card interest rates — though this may prove to be another policy idea…

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