A fistful of dollar questions (16 January 2025)

Will markets applaud Donald Trump’s second act as president? The Fed has been handed some welcome news on both inflation and labour - accompanied by some dollar highs and hopes for rate cuts. As Eimear Daly and Brian Daingerfield discuss, however, markets remain skittish about Trump’s potential trade policies. So what next for the currency?  Remember to hit subscribe so you can listen to the latest episode in this series as soon as they're available and navigate to natwest.com/yearahead to get our views on the big themes and events moving markets and shaping the economy in 2025.NB. This episode was recorded on 16 January 2025For any terms used please refer to this glossary https://www.natwest.com/corporates/insights/markets/glossary.htmlPlease view our full disclaimer here: https://www.natwest.com/corporates/disclaimer.html