MdShamimAlam074
Open Trade
Frequent Trader
1.2 Years
10 Following
5 Followers
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Quotes
#Lagrange $LA @Legendevil #ZKRollup #ModularFuture #Web3Scaling #DeFiInfra #CrossChainProofs #HoldLA #NextGenCrypto #Layer2Power #CryptoInnovation #FutureIsModular
S
LA/USDT
Price
0.3312
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nich
Binance News
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Potential Market Impact of Federal Reserve Leadership Change Discussed
According to Odaily, Stephen Brown, Deputy Chief Economist for North America at Capital Economics, highlighted in a report the potential market reactions if U.S. President Donald Trump follows through on his threat to dismiss Federal Reserve Chairman Jerome Powell. Brown noted that such a move could lead to declines in the dollar, stocks, and short-term bond yields, while long-term yields might surge. Trump has dismissed reports of his intention to fire Powell, calling it "highly unlikely." However, a new Federal Reserve chair could be announced well before Powell's term ends in May 2026. Brown emphasized that even with a change in leadership, it is improbable that the Federal Reserve would cut interest rates by 300 basis points as Trump has suggested.
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