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Federal Reserve Chair Jerome Powell firmly dismissed speculation Thursday over his potential resignation or removal upon Donald Trump‘s return to the White House, stating the president cannot ...
GBP/USD struggles to build on Wednesday's gains and trades in negative territory below 1.3400 early Thursday. The data from ...
The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends. “Traditionally, the Fed chair also steps down as a governor." ...
The US dollar recovers as Powell dismissal fears recede and market yields climb after Trump's clarifying statements.
US stocks swung sharply on Wednesday amid escalating speculation that President Donald Trump was preparing to fire Federal Reserve Chair Jerome Powell. The move raised alarms about the central bank’s ...