“I can’t comment” on what the president has said and how markets reacted, Williams told reporters. He was commenting on reports from earlier in the day that suggested Trump was close to firing Fed Chairman Jerome Powell, even as the president later said that was not something he was planning to do.
Williams also told reporters that amid a drop in the dollar’s value, its status as the preeminent reserve currency remains unchanged. “There are a lot of fundamental factors that support the role of the dollar ... in global trade and in global financial markets, and that I see is unchanged now.” - REUTERS
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