*Walter Bloomberg
*Walter Bloomberg|Jul 23, 2025 16:11
FIRING POWELL WOULDN'T SAVE INTEREST COSTS: DEUTSCHE BANK Markets briefly feared last week that Trump would fire Fed Chair Powell, giving economists a chance to gauge the impact. Deutsche Bank found short-term yields would likely fall while long-term yields would rise, steepening the curve. However, this shift would offer little savings on U.S. interest payments, Deutsche estimates.(*Walter Bloomberg)
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