🚨 Markets on Edge: Trump May Fire Fed Chair Powell
Wall Street is warning: If Trump fires Jerome Powell, expect chaos.
📉 Markets could crash, bond yields may spike, and U.S. credibility would take a hit.
🔹 Wolfe Research: “It would be a mess.”
🔹 Legal battle inevitable – Powell likely to sue.
🔹 Even Trump said: “I don’t rule out anything…”
Critics say firing Powell would:
Undermine Fed’s independence
Shake investor confidence
Risk inflation, like in Turkey or Argentina 🇹🇷
💬 Jim Cramer: “Firing Powell? Huge mistake. Wait 10 months.”
Bottom Line: The threat alone spooked markets — if Trump pulls the trigger, the economy could burn.
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Here’s a short, impactful summary of the Trump–Powell situation:
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🚨 Markets on Edge: Trump May Fire Fed Chair Powell
Wall Street is warning: If Trump fires Jerome Powell, expect chaos.
📉 Markets could crash, bond yields may spike, and U.S. credibility would take a hit.
🔹 Wolfe Research: “It would be a mess.”
🔹 Legal battle inevitable – Powell likely to sue.
🔹 Even Trump said: “I don’t rule out anything…”
Critics say firing Powell would:
Undermine Fed’s independence
Shake investor confidence
Risk inflation, like in Turkey or Argentina 🇹🇷
💬 Jim Cramer: “Firing Powell? Huge mistake. Wait 10 months.”
Bottom Line: The threat alone spooked markets — if Trump pulls the trigger, the economy could burn.
