ilmscore | What Happens If Trump Gets Rid Of Jerome Powell?

What Happens If Trump Gets Rid Of Jerome Powell?

Published: 2025-06-27
Status: Available | Analyzed

Predictions from this Video

Total: 4
Correct: 0
Incorrect: 0
Pending: 4
Unrated: 0
Prediction
Topic
Status
Jerome Powell's term as Federal Reserve Chair will conclude in May 2026.
"Jerome Powell's term is expiring on May 2026."
Federal Reserve Chair Appointment
Pending
President Trump is discussing potential replacements for Fed Chair Jerome Powell before his term ends in May 2026, potentially to influence interest rate decisions.
"And now, President Trump is talking about who could potentially replace Jerome Powell. And why is he talking about this so early? Well, according to Yahoo Finance because it is a way to undercut Powell's authority for the remainder of his term which ends in May 2026. Meaning if President Donald Trump announces who would be the replacement for Jerome Powell, he might not have as much ability to hold strong on not cutting interest rates."
Interest Rates
Pending
A recession is guaranteed to happen in the future, based on historical patterns of 16 recessions over the past century.
"I will see another recession. How do I know that? Because if we take a look at history, recessions happen. We've seen 16 recessions over the last century. They are a part of our economic system. So, I can guarantee that a recession is coming."
Recession Prediction
Pending
There is a possibility of entering negative interest rate territory, similar to actions taken by Japan and discussed by Sweden.
"Maybe that means we have to go into negative interest rate territory. Kind of like what Japan did in the past. Even Sweden has talked about going into negative interest rates."
Negative Interest Rates
Pending