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French Finance Minister Warns of Economic Instability if Powell is Dismissed
According to PANews, French Finance Minister Eric Lombard has issued a warning regarding potential economic instability in the United States. Lombard cautioned that if U.S. President Donald Trump were to dismiss Federal Reserve Chairman Jerome Powell, the credibility of the U.S. dollar could be jeopardized, leading to economic turmoil.
Lombard emphasized that the removal of Powell could result in increased debt repayment costs and significant disruption to the national economy. He suggested that these consequences might eventually compel the United States to engage in negotiations to resolve the ensuing tensions.
#frenchfinance
French Finance Minister Warns of Economic Instability if Powell is Dismissed
According to PANews, French Finance Minister Eric Lombard has issued a warning regarding potential economic instability in the United States. Lombard cautioned that if U.S. President Donald Trump were to dismiss Federal Reserve Chairman Jerome Powell, the credibility of the U.S. dollar could be jeopardized, leading to economic turmoil.
Lombard emphasized that the removal of Powell could result in increased debt repayment costs and significant disruption to the national economy. He suggested that these consequences might eventually compel the United States to engage in negotiations to resolve the ensuing tensions.
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