US Economy
US President Trump reaffirms commitment to not terminating Federal Reserve chairman amidst ongoing economic disputes
US President Donald Trump has made contradictory statements regarding his intentions towards Federal Reserve Chairman Jerome Powell. Initially, Trump implied that he could fire Powell, citing concerns over Powell's warnings about the potential for inflation due to the White House's tariffs policy. However, in a subsequent statement, Trump denied having any intention to fire Powell. This denial was met with a surge in US stock futures.
TL;DR (Meta-Llama-3.1-8B + RAG)
past month
- US gold price hits record high as investors respond to President Trump's economic policies
- US stocks and dollar fall as Trump criticizes Federal Reserve chairman
- US President Trump expresses strong disapproval of Federal Reserve chairman, calls for Powell's removal from position
- US Fed chair warns of potential inflation and growth slowdown due to ongoing trade tensions with China
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- free accessstate ownedQatar
- free accesspublicly ownedSingapore
- free accessprivately ownedRyan Jungwook Hong
- free accessprivately ownedSahu Jain Family
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