Trump says he may have to change his mind about firing Fed chair Powell
1. Trump considers not firing Fed Chairman Powell, impacting market stability. 2. Potential shift may influence S&P 500's perception of monetary policy.
FAQ
Why Bullish?
Powell's leadership provides market stability; historically, Fed changes create uncertainty.
How important is it?
Leadership stability at the Fed is crucial for investor confidence in markets.
Why Short Term?
Immediate market reactions are likely as investors digest this news.