Trump says he has ‘no intention' of firing Jerome Powell after calling him a ‘major loser' — but has a key ask for central bank chief
1. Trump stated he won't fire Fed Chair Powell, calming investor fears. 2. He advocates for lower interest rates to stimulate the economy. 3. Trump criticized Powell's current rate policies, calling for more proactive measures. 4. Previous tensions over Powell's role affected market stability and investor sentiment. 5. Lower interest rates could enhance stock market performance, affecting the S&P 500.