ANZ: Trump’s Dismissal of BLS Chief Undermines US Economic Safe-Haven Status
According to ChainCatcher, citing JIN10 News, the currency market has shown clear signs of unease following Trump's dismissal of U.S. Bureau of Labor Statistics Director McEntaffer, amid accusations of attempting to manipulate economic data. At the same time, the independence of the Federal Reserve is also facing ongoing attacks from the government.
ANZ Bank stated in its report that financial markets place a high value on the independence of statistical data, and the dismissal of McEntaffer "can easily be seen as yet another move that undermines the United States' status as a global economic safe haven."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin Approaches $115,000 as Trump’s Tariff Policies Weaken Bullish Sentiment in Cryptocurrency
Citi: Negative U.S. Economic Outlook to Moderately Boost Gold Prices