As I said in a post earlier today. Fed Chair Powell is doing his job holding the line from the weekly Presidential gaslighting. Mr Too Late, a Stiff is good for the dollar from an international investor perspective. If Trump reappoints him, it would strengthen the dollar further.

Trump Says He May Change His Mind About Firing Fed Chair Powell

UPDATE 1-Trump says he may change his mind about firing Fed Chair PowellTrump criticizes Powell over interest rates, considers firing himFed holds rates steady, forecasts slower growth and higher inflationSupreme Court ruling limits Trump's ability to fire PowellAdds background on Fed policy, paragraphs 4-9By Trevor Hunnicutt and Jasper Ward. WASHINGTON, June 20 - U.S. President Donald Trump on Friday again floated the idea of firing Jerome Powell, the Federal Reserve chair he has long attacked over interest rates he wants lowered."I don't know why the Board doesn't override ," Trump wrote in a lengthy post on Truth Social criticizing Fed policy. "Maybe, just maybe, I'll have to change my mind about firing him?
Trump Says He May Change His Mind About Firing Fed Chair Powell

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  • vuvence IX
    ·06-21
    I should add, many out here outside the USA want a strong dollar for a whole raft of reasons.
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