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Testing the Limits of Fed Independence

For this week’s Trading Take, Beimnet Abebe (Galaxy Trading) joins Alex Thorn (Galaxy Research) to unpack the market’s reaction to reports that President Trump may seek to fire Fed Chair Jerome Powell. They explore the legal and political implications of such a move, what it signals about the future of central bank independence, and how markets are responding. Beimnet also reflects on Powell’s legacy and the challenges of policymaking under uncertainty.

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