Trump, Powell
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President Donald Trump's renewed calls for Federal Reserve Chair Jerome Powell's resignation have prompted investors to protect portfolios against the risk of higher inflation, as a central bank more willing to lower interest rates could fuel price rises and make lenders demand higher compensation to hold bonds.
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.
If President Trump gets his way and removes Jerome Powell as chairman of the U.S. Federal Reserve, the market reaction would be swift and brutal, Deutsche Bank’s George Saravelos argues. It could collapse the currency and bond markets,
Michael Brown of Pepperstone discusses how the markets could potentially react if President Trump attempted to remove Fed chairman Jerome Powell before his term ends next May.
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.
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.
Financial markets were reacting in an understandable way to conflicting reports over the future of Federal Reserve Chair Jerome Powell, and whether President Donald Trump will or won't be firing him soon.
Reuters on MSN3d
Market Talk: Trump's pressure on Powell risks dollar's dominance"Trump's got to be careful," warned Eric Diton, president and managing director of The Wealth Alliance, "because if he leans too hard on [U.S. Federal Reserve Chair] Jay Powell, or replaces him and brings in someone who is a Trump 'yes-man,
Markets are dismissing inflation risks after Powell signaled rate hikes may slow, Mohamed El-Erian said. But inflation is likely to stay sticky next year, and there are still credit and earnings ...
The US labor market is not doing as well as headlines suggest, a top Federal Reserve official said Friday, a day after making the case for an interest
Credit Market Risk Eases as Powell Quells Future Rate-Hike Fears. Inflation is still too high, but has moderated, Fed Chair said; Committee is looking to more data for clarity on cutting rates