Potential Market Impact of Federal Reserve Leadership Change Discussed

According to Odaily, Stephen Brown, Deputy Chief Economist for North America at Capital Economics, highlighted in a report the potential market reactions if U. S. President Donald Trump follows through on his threat to dismiss Federal Reserve Chairman Jerome Powell. Brown noted that such a move could lead to declines in the dollar, stocks, and short-term bond yields, while long-term yields might surge source: https://www.binance.com/en/square/post/27101312117986?utm_source=BinanceNewsRSS