French Minister Warns Removing Powell Could Harm US Dollar & Economy

A French finance minister has warned that firing U.S. Fed Chair Jerome Powell could negatively impact the American dollar’s credibility and stability, potentially leading to economic instability in the United States. France is concerned about potential political interference affecting U.S. monetary policies due to former President Trump’s recent comments regarding Powell’s removal. The minister highlighted the market’s uncertainty surrounding such a move, as it could trigger bond market breakdowns and lower global confidence in the US dollar.