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French Finance Minister: If Fed Chairman Powell is fired by Trump, the dollar will lose credibility

2025-04-20 19:17:05 2 hours ago CoinRank

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CoinRank News: French Finance Minister Eric Lombard warned that if Trump fired Federal Reserve Chairman Jerome Powell, it would endanger the credibility of the dollar and undermine the stability of the US economy as the bond market develops. Eric Lombard added that the result of Powells dismissal would be higher debt repayment costs and serious disruptions to the countrys economy, consequences that would sooner or later force the United States to negotiate to end tensions. (Fortune)

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