JUST IN: ๐บ๐ธ President Donald Trump says he has no plan to fire Federal Reserve Chair Jerome Powell, easing immediate fears of political interference at the central bank ๐ผ๐
President Donald Trump confirmed that he has no intention of removing Fed Chair Jerome Powell, calming immediate fears about political pressure on the central bank ๐. Markets had been on edge, closely watching any signals that could threaten the Fedโs independence โ ๏ธ. Trumpโs statement brings short-term relief, but investors remain alert.
๐ Why This Matters
โข Fed independence = market confidence ๐น
โข Any move against Powell could trigger volatility in stocks, bonds, and the dollar ๐๐ฅ
โข Powell continues to guide rate policy amid inflation and economic uncertainty ๐
๐ Market Takeaway
โข Short-term relief for markets, but rhetoric vs. action will be closely monitored ๐
โข Rate-cut expectations and political pressure remain key focus areas โก
Markets breathe easierโฆ for now ๐ก๏ธโจ
#MarketRebound #TRUMP #Powell #PresidentialDebate
