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Markets reel as Fed chair faces pressure
U.S. dollar hits three-year low; speculation grows over Powell’s future amid concerns of Trump’s potential interference.
U.S. dollar hits three-year low; speculation grows over Powell’s future amid concerns of Trump’s potential interference.
The U.S. dollar has plunged to a three-year low, and all eyes are on Federal Reserve Chair Jerome Powell amid swirling speculation about his future.
Markets are reacting to fears President Trump could replace Powell before his term ends, or worse, install a “shadow chair” to quietly override Fed decisions.
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