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#DailyMarketOverview 😱🇺🇲 For the first time ever, Fed Chair Powell is fighting back 📢
Over the last 12 months, Fed Chair Powell has remained silent amid President Trump's criticisms.
When asked about Trump's comments, Powell would respond "I do not any response or comment 📢
Today, that changed.
Amid a new criminal probe by Federal prosecutors, Fed Chair Powell says this "threat is a consequence of not following the preferences of the President."📢
Stock market futures immediately fell over -0.5% on this comment 📢
This also comes as the Fed is expected to PAUSE rate cuts again on January 28th.
With 6 months left as Fed Chair, Powell is taking a stand on Fed independence 📢
Trump vs Powell will result in even more volatility 📢
😍 If you like it, don't forget to express your opinion and share the post ⚡️ Thank you, I love you ❤️