Trump Dismisses Federal Reserve Governor Lisa Cook: Implications for Forex Trading

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Donald Trump calls for resignation of Fed Governor Lisa Cook, raising central bank independence concerns.

Trump’s Decision and Its Background Donald Trump’s recent move to dismiss Federal Reserve Governor Lisa Cook has sparked debates across the financial world. The dismissal of a central bank official by a political leader raises concerns over the independence of the Federal Reserve, which is crucial for maintaining market confidence and stability. Why Lisa Cook’s … Read more

Global Markets Waver After Trump Dismisses Fed Governor Lisa Cook, Raising Alarms Over Central Bank Autonomy

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Global markets react to Trump dismissing Federal Reserve Governor Lisa Cook, raising concerns over central bank independence and forex trading outlook.

Trump’s Move Sparks Legal and Political Turmoil U.S. President Donald Trump made headlines by abruptly removing Federal Reserve Board member Lisa Cook from her position, effective immediately. The White House cited allegations that Cook had misrepresented ownership of two residential properties in 2021 to secure favorable mortgage terms—claims that she strongly denies. Cook, who was … Read more