Fed and ECB are losing control as oil prices surge and Trump moves toward war with Iran

The Federal Reserve and European Central Bank are losing grip on monetary policy as oil prices surge. The unexpected rate cuts by Norway and Switzerland further indicate market uncertainty, with investors reacting not to policy direction but to panic as military conflicts heighten.

Traders are increasingly uncertain, with the dollar’s volatility reflecting military actions rather than central bank policies. As inflation rises and geopolitical tensions escalate, European strategies must adapt to the shifting economic landscape influenced by Trump’s decisions.