Volfefe Index, to measure impact of Trump's tweets on US rates volatility
Nabanita Dutta
News Editor
Image Credit: shortpedia
JPMorgan, the American investment firm has come out with a new index to measure the impact of US President Trump's tweets on US interest rates. Inspired by the infamous 'covfefe' tweet, the new index has been named as Volfefe index. According to analysts, Trump's tweets move the US rates markets immediately, and the number of tweets increased recently. Volfefe index will measure the impact of those market-moving tweets.
