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Posted: 2025-04-22 18:23:55 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-04-22 18:24:35 UTC
Verified By
Rollup News
Donald Trump is reportedly seeking to remove Jerome Powell as the head of the Federal Reserve due to disagreements over interest rate policy, particularly Trump's desire for lower rates. This conflict has sparked market instability and raised concerns about the Fed's independence.
Trump's dissatisfaction with Jerome Powell's interest rate policy.
Potential removal of Powell and appointment of a pro-crypto Fed head.
Market reaction with drops in S&P, Nasdaq, and Dow, and a surge in gold prices.
Concerns about the Fed's independence and credibility.
Trump's ability to legally remove Powell without proper cause.
Potential damage to the Fed's credibility and investor confidence.
Navigating the balance between political influence and economic independence.
Impact of trade tariffs on inflation and price stability.