Trump, Powell
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If President Donald Trump were to fire Federal Reserve Chair Jerome Powell, it could have unintended and severe consequences that reverberate throughout the US economy and global markets.
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MiBolsilloColombia on MSNGOP senators push back on Powell ouster, warn of market turmoilRepublican senators warned Trump not to fire Fed Chair Jerome Powell, citing risks to market stability and the Fed’s independence.
Potential removal of Fed Chair Jerome Powell could disrupt markets, spike inflation expectations, and impact the USD and bonds.
Reports that President Trump was considering trying to remove Federal Reserve Chair Jerome Powell have had a clear, if modest, effect on the bond market—even after Trump told reporters that he [wasn’t “planning on doing anything.
Odds of Jerome Powell's removal hit new highs as Trump waves draft firing letter. Political pressure and inflation data drive markets into uncertainty.
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Tuko on MSNDonald Trump targets Fed chair Jerome Powell amid $2.5 billion renovation controversy| DetailsExperts warn Donald Trump must provide valid reasons for removal, as current evidence does not support claims of mismanagement.
President Donald Trump said Wednesday it’s “highly unlikely” that he’ll fire Federal Reserve Chair Jerome Powell after signaling otherwise a day earlier in a private meeting with lawmakers.