President Trump threatened to fire Fed Chair Jerome Powell if he does not step down, while also signaling no intention to end the government's criminal investigation into him. The comments raise concerns about Fed independence and political interference in monetary policy. The headline is likely to heighten volatility across rates, FX, and broader risk assets.
President Trump threatened to fire Fed Chair Jerome Powell if he does not step down, while also signaling no intention to end the government's criminal investigation into him. The comments raise concerns about Fed independence and political interference in monetary policy. The headline is likely to heighten volatility across rates, FX, and broader risk assets.
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mildly negative
Sentiment Score
-0.20
