Trump wants to fire Powell? The French finance minister warns: this will damage the credibility of the dollar and the USA economy!
① The French Minister of Finance, Le Maire, warned that if Trump dismisses Federal Reserve Chairman Powell, it would jeopardize the credibility of the dollar and undermine the stability of the USA economy; ② Last week, Trump expressed his disappointment in Powell's cautious attitude towards interest rate cuts and posted on Social Media that Powell is not being fired quickly enough.
Trump to 'Blink First' in Trade War: Natixis' García-Herrero
U.S. Stock Futures Fall After Another Losing Week on Wall Street
How Trump's Tariff Pause Unfolded as Two Rivals Joined Forces to Outsmart Navarro
Bad news for U.S. debt! The first major life insurance company in Japan announces its annual investment plan: aggressively purchasing Japan's ultra-long bonds while considering reducing foreign debt.
Fuguo Life Insurance is the first major life insurance company to announce such an investment plan this fiscal year. According to the Japan Life Insurance Association, the total investment assets of these life insurance companies amount to approximately 390 trillion yen (about 2.7 trillion dollars), and their investment decisions can significantly impact the direction of the Global market.
Continuous pressure for two days! Trump calls for interest rate cuts again, and White House advisors admit they are studying the possibility of firing Powell.
Trump has pressured for two consecutive days, once again calling on the Federal Reserve to cut interest rates.
