Image Source: Pixabay

In this video, Ira Epstein discusses the potential implications of the President's comments about firing Fed Chair Powell, highlighting the importance of the Fed's independence from political influence. He emphasizes that the President lacks the authority to remove Powell and that such a move could destabilize market confidence.

Epstein also touches on upcoming economic indicators such as retail sales data, the Philly Fed business activity, and weekly jobless claims, suggesting that these will influence market reactions.

Additionally, he briefly mentions the latest Beige Book report and ongoing tariff discussions, particularly with countries like Thailand and Japan.

Video Length: 00:13:57

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