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Trump firing Fed Chair Powell could trigger 'Nixon shock,' warns analyst

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Anushka Basu
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Jul 14, 2025 8:24 PMPublished Jul 14, 2025 8:24 PM
Bitcoin tops $120K as markets prepare for inflation data and a Powell ouster, with analysts warning of a modern-day 'Nixon shock' that could shake global confidence.
www.thestreet.comTrump firing Fed Chair Powell could trigger 'Nixon shock,' warns analystBitcoin tops $120K as markets prepare for inflation data and a Powell ouster, with analysts warning of a modern-day 'Nixon shock' that could shake global confidence.
US Dollar•Federal Reserve•Fed Chair
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