US President Trump says no plans to remove Fed Chair Powell

President Trump’s affirmation of Fed Chair Powell's position brings stability to market expectations surrounding U.S.

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US President Trump says no plans to remove Fed Chair Powell

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monetary policy. This suggests that the Fed's current course is likely to remain intact, reassuring investors in equities and fixed income alike about a consistent rate environment. The absence of potential leadership changes at the Fed could support the USD and mitigate volatility across risk assets as traders assess the outlook for rates.

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