Firing Powell would blow up markets and America’s credibility, analysts warn

If Trump actually fires Powell, expect chaos. That’s the blunt warning from Wall Street analysts, legal professionals, and even some people close to the White House. A new research note from Wolfe Research lays it out clearly: “This would be a mess. ” Markets will crash, yields will spike, and the U. S. will lose credibility overnight. […] source: https://www.cryptopolitan.com/firing-powell-blow-up-markets-us-credibility/