If President Trump gets his way and removes Jerome Powell as chairman of the U.S. Federal Reserve, the market reaction would be swift and brutal, Deutsche Bank's George Saravelos argues.
It hasn't been an easy start to 2025 for Jerome Powell. Unfortunately for the Fed chair, the second half of the year is likely to be even tougher.
-- Business Insider (@businessinsider.com) Jul 13, 2025 at 5:31 AM
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