
July 16, 2025: Trump-Powell Saga Escalates, No Plans to Fire Fed Chair, More
Bloomberg News Now
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Turbulence in Financial Markets Amid Fed Chair Controversy
This chapter covers President Trump's claims denying intentions to remove Fed Chair Jay Powell, juxtaposed with reports suggesting the opposite. It examines how financial markets responded to these developments and discusses various perspectives on the Federal Reserve's leadership and economic forecasts.
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