Trump Hints at Firing Fed Chair Powell if Re-elected
- Political Pressure Intensifies: Trump hints at firing Fed Chair Powell if he returns to the White House in 2025, despite Powell's term lasting until May 2026, indicating a challenge to the independence of the Fed that could trigger market turmoil.
- Historical Tensions Resurface: Trump's past criticisms of Powell for not cutting rates quickly enough and his consideration to demote him in 2019 highlight a fraught relationship that may influence future monetary policy decisions.
- Increased Market Uncertainty: Trump's rhetoric could undermine market confidence in the Fed's independence, with analysts warning that such uncertainty may heighten volatility across financial markets, including cryptocurrencies.
- Monetary Policy Implications: The Fed plays a crucial role in shaping monetary policy, and Trump's potential return alongside aggressive comments about Fed leadership could impact investor confidence and dollar stability, thereby affecting the broader economy.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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