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BREAKING: Jerome Powell to be FIRED as Federal Reserve Chair

Wednesday, Jul 16, 2025 7:26 am ETmin read

Aime Summary

- President to fire Jerome Powell as Federal Reserve Chair, marking an unprecedented leadership change in U.S. monetary policy.

- The abrupt removal risks destabilizing financial markets amid ongoing debates over inflation and interest rate strategies.

- Critics warn the move undermines the Fed's independence, raising concerns about political interference in economic decisions.

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