Metal Markets Report For Wednesday, July 16
Image Source: Pixabay
In this video, Ira Epstein discusses the potential market impact of President Trump's rumored intention to fire Fed Chair Powell, highlighting the uncertainty this creates in financial markets, particularly with regard to interest rates and the US dollar. He emphasizes the importance of the Federal Reserve's independence in maintaining full employment and controlling inflation, rather than serving presidential interests.
Epstein also previews upcoming economic data releases, including advanced retail sales, the Philly Fed Regional Business Activity Index, and jobless claims, which could lead to market volatility.
Video Length: 00:06:01
More By This Author:
Financial Markets Report For Wednesday, July 16
Morning Flash Report For Tuesday, July 15
Metal Markets Report For Monday, July 14