Trump takes Powell off the chopping block: Why it matters to markets
1. Trump clarified he won't fire Fed Chair Powell, boosting market optimism. 2. Experts warn firing Powell could add unnecessary market uncertainty. 3. S&P 500 has lost over 8% this year amid market volatility. 4. Inflation peaked at over 9% under Powell's leadership last year. 5. Policymakers expected to maintain rates, with potential cuts in June.