If Trump wants rate cuts, he would likely need to replace the Fed's full board along with Powell
1. Trump criticizes Fed Chair Powell, raising concerns for market stability. 2. Firing Powell may not guarantee desired interest rate cuts. 3. Fed's independence is crucial; changes could spur market backlash. 4. Investor confidence falters amid tariff uncertainties and Fed speculation. 5. Potential Fed leadership change could lead to higher inflation risks.