Analyst: From a risk-reward perspective, Trump unlikely to fire Powell
TD Securities analyst Molly Brooks indicates that Trump is unlikely to fire Powell, as such a move would trigger a lengthy legal battle. Given that Powell's term ends in May 2026, attempting to remove him now may not be worthwhile, according to Brooks, who views this as a risk-reward factor. However, it must be acknowledged that the risk of Trump's interference with the Federal Reserve is another concern for Wall Street, making the market very anxious.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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