Trump signals no plans to fire Federal Reserve chair

Trump backing off Powell is 'clear positive' that cuts recession risk, Evercore ISI's Krishna Guha says

Fed Chair Jerome Powell and most of his colleagues have said they won't cut further until they have a better handle on the inflation impact from tariffs.

By Kevin Liptak and David Goldman, CNN Donald Trump's recent attacks on Federal Reserve Chairman Jerome Powell alarmed some of his top advisers, who warned that any attempt to oust the central bank's chairman could cause as much market turbulence as his current trade war, according to people familiar with those conversations. Those warnings, coupled with the market's own volatility this week, appear to have sunk in. Trump backed off his threats …

Trump signals no plans to fire Federal Reserve chair

Amid uncertainty about future economic growth, President Donald Trump is seemingly backing off his threats against the head of the Federal Reserve.

Markets rebound as Trump assures no plans to fire Powell: Live Updates

Trump says he won't fire Fed Chair Powell, easing investor fears; markets rally on Fed stability and signs of trade tension easing. Follow Newsweek's live blog.

White House Is Right to Back Off the Fed

Challenging the central bank’s independence poses enormous economic risks.

Trump says he has no plans to fire Fed's Powell

US President Donald Trump has backed off from threats to fire Federal Reserve Chair Jerome Powell after days of intensifying criticisms of the central bank chief for not cutting interest rates.