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'The Dollar Would Fall Off a Cliff': Expert Predicts What Would Happen if Trump Fired Jerome Powell

Cliff
International Business Times Fews App News Provider
Fews App Post Time Hace 10h

Powell's term as Fed chair end in May 2026. US President Donald Trump's fresh attack on Federal Reserve Chair Jerome Powell's leadership triggered massive selloffs in equities, the US dollar, and Treasurys. Investors are concerned that Trump's repeated hints of plans to oust Powell are undermining the Fed's independence.

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