New York/Washington CNN —
If President Donald Trump were to fire Federal Reserve Chair Jerome Powell, it could have unintended and severe consequences that reverberate throughout the US economy and global markets.
For now, the likelihood of the president actually moving to oust the head of the central bank remains low, due to the legal hurdles required.
That’s partly why investors have seemingly grown numb to Trump’s ongoing admonishment, even after the president brandished a draft of a termination letter for the Fed chair in front of lawmakers on Tuesday night.
Another
→ Continue reading at CNN - Business News
