If President Donald Trump were to fire Federal Reserve Chair Jerome Powell, it could have unintended and severe consequences that reverberate throughout the US economy and global markets.

While Trump’s attacks on Musk and Powell make for good drama, it’s unlikely either feud will mean much for stocks. Tesla shares tumbled more than 5% Tuesday, but the selloff barely made a dent in the broader market ... U.S. will be at risk of ...

After a turbulent first half of the year, here's what top strategists are forecasting for the next six months.

Financial markets were reacting in an understandable way to conflicting reports over the future of Federal Reserve Chair Jerome Powell, and whether President Donald Trump will or won't be firing him soon.

What Trump's feud with Fed Chair Powell means for markets, individuals. Russ Wiles. Arizona Republic. ... Concern over this issue contributed to a sharp stock market drop April 21.

President Trump escalated his feud with Federal Reserve Chair Jerome Powell over interest-rate policy. On Wednesday, Powell said the recent market selloff was understandable given the uncertainty ...

Credit Market Risk Eases as Powell Quells Future Rate-Hike Fears. Inflation is still too high, but has moderated, Fed Chair said; Committee is looking to more data for clarity on cutting rates

The Federal Open Market Committee has held the federal-funds rate at a range of 5.25% to 5.5% since July 2023, which has worked to put downward pressure on inflation, Powell said.

President Trump has renewed calls for Federal Reserve Chair Jerome Powell to resign, criticizing the Fed for not cutting interest rates.