Deutsche Bank Strategist Warns Powell Ouster Risk Is Underestimated
TL;DR Summary
A Deutsche Bank strategist warns that President Trump's potential dismissal of Fed Chair Jerome Powell is an underpriced risk that could lead to a significant selloff in the US dollar and Treasuries, with broader implications for global markets and Fed independence.
- Risk of Powell ouster is underpriced, Deutsche Bank strategist says Fortune
- Federal Reserve quietly responds to Trump administration attacks over renovation CNBC
- White House Seizes on Fed Renovations as Opening to Oust Powell The Wall Street Journal
- Statement from Chairman of the Board of Fannie Mae and Freddie Mac William J. Pulte on Reports that Jerome Powell Is Considering Resigning FHFA (.gov)
- Fannie Mae chairman ‘encouraged’ by chatter Powell may consider quitting amid Trump tiff The Hill
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