Franklin Templeton CEO Jenny Johnson's Response to Trump's Interest Rate Criticism

Response to President Trump's Interest Rate Proposal

In an exclusive interview with Bloomberg at Davos, Jenny Johnson, CEO of Franklin Templeton, clearly criticized President Donald Trump’s call to cap credit card interest rates at 10% for a year.

Johnson pointed out the potential negative effects of such proposals on the financial system, emphasizing that interventions in the markets and interest rate ceilings would be detrimental to the economy. She stressed the importance of maintaining economic freedom and expressed her strong opposition to the idea of such limitations.

Volatility in Private Markets and Artificial Intelligence

Continuing the interview, Johnson addressed the topic of private markets and market volatility, discussing the multiplier effect of artificial intelligence (AI) on efficiency. She argued that this technology has fundamentally transformed the production processes of private companies and increased efficiency to unprecedented levels. She stated that AI should not only be viewed as a technical innovation but also as a central element in companies' growth strategies.

Evaluations on Cryptocurrencies and Bitcoin

Johnson also shared her thoughts on cryptocurrencies and Bitcoin. She noted that Bitcoin is used by many investors for portfolio diversification. She emphasized that this shift in the financial world is directly related to investors' efforts to manage their risks by moving beyond traditional methods. Throughout the interview at Davos, Johnson comprehensively evaluated the opportunities presented by technological transformation and financial innovation for the global economy.