⚡️ JUST IN: 🇺🇸 TRUMP BACKS OFF POWELL FIRING TALK
President Donald Trump says he has no plans to fire Federal Reserve Chair Jerome Powell, easing immediate concerns about political interference at the Fed.$DOGE
📌 Context:
• Trump has repeatedly criticized Powell for being “too late” on rate cuts
• Markets were rattled by recent rhetoric suggesting Powell could be replaced
• Today’s comment signals a temporary de-escalation in Fed–White House tensions
📊 Why markets care:$LTC
• Reduces near-term institutional and policy uncertainty
• Supports Fed independence narrative
• Calms bond, equity, and FX markets sensitive to central bank credibility
🧠 Big picture:
While Trump continues to pressure the Fed on rates, stepping back from firing threats helps stabilize expectations. The real focus now shifts to when and how aggressively rate cuts may come, not who runs the Fed.$LINK
🔥 Narrative cooled — but rate-cut politics are far from over.
#Binanceholdermmt #MarketRebound #Fed
