#TrumpVsPowell American president wants to be the first in America history who dismiss the current Chairman of the Fed
Every careful observer of the financial markets expected that it would happen sooner or later, it finally happened. The President of the United States began to threaten to dismiss the current Chairman of the Fed, Jerome Powell. This step seems scandalous and inexcusable from the perspective of the traditional political anchoring of the central bank, which should be independent of the executive branch and answerable only to parliament. In terms of confidence in the financial markets, we are already seeing declines in stock markets, a weakening of the dollar and rising yields on ten-year government bonds, which are happening for this reason and are a harbinger of volatile movements that would occur if Donald Trump actually tried to dismiss Powell. #BinanceAlphaAlert