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Jerome Powell - President Donald Trump's Headache

NPV - April 25, 2025 09:00

After much criticism, calling the Chairman of the US Federal Reserve (FED) Jerome Powell the “biggest loser” and even hinting at the possibility of being removed; in the latest move, US President Donald Trump suddenly reversed his decision and declared that he “has no intention of firing Mr. Powell”. Mr. Trump’s change of attitude came after stocks and the US dollar plunged earlier this week - in the context of the US leader continuously “attacking” Mr. Powell.

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