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Trump Says Powell Should Resign, FlyDubai Latest, More

Source: Bloomberg

Monetary PolicyInterest Rates & YieldsElections & Domestic Politics
Trump Says Powell Should Resign, FlyDubai Latest, More

President Trump said Federal Reserve Chair Jerome Powell should resign, raising concerns over political pressure on central-bank independence. The report provides no further detail on the catalyst or policy implications, but the comments could increase uncertainty around the Fed's interest-rate outlook and Treasury-market sentiment.

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