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Trump Has for Months Privately Discussed Firing Fed Chair Powell

21 点作者 kamaraju大约 2 个月前

5 条评论

sgnelson大约 2 个月前
I think it's telling that the WSJ felt that Thursday afternoon before a Holiday was a good time to release this article.
almog大约 2 个月前
And if you thought Bessent was the responsible adult, in two different occasions last year, he suggested that thanks to forward guidance, you could appoint a shadow Fed Chair and the markets will not listen to what Powell has to say anymore.
taylodl大约 2 个月前
Firing Fed Chair Powell would be a highly destabilizing move, drastically increasing the perceived political risk of investing in U.S. Treasuries. The resulting pullback in foreign investment would place immense pressure on the U.S. government's ability to fund its operations, demanding much higher interest rates to attract any investment. Since Trump is expected to demand interest rates to be lowered, it's unlikely the U.S. government will receive the funding they need to continue operations.
jauntywundrkind大约 2 个月前
Note that Powell&#x27;s term ends May 2026 anyhow.<p>One way or another, feels like only a little while before Trump directed stagflation of the most absurd heights kicks off.
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aurizon大约 2 个月前
But does he want another day down 6000 points - maybe 2?