Finance
Top Bankers See US as Bright Spot as Second Trump Term Nears
- Europe seen stung by ‘structural challenges’ and lower growth
- Executives speak at Bloomberg’s Women, Money and Power event
A chorus of top bankers said they are feeling positive about the prospects for the US economy under President-Elect Donald Trump and think his tariff threats will be manageable.
At the same time, many senior financiers and asset managers at Bloomberg’s Women, Money and Power conference on Tuesday said they see Europe facing slower growth and political division that will hold the continent back. Both regions will need to tackle inflationary pressures that have eaten into people’s living standards, the executives said at the gathering.