Analysts at Deutsche Bank consider the president's removal of Fed chief Jerome Powell "one of the largest under-priced event risks over the coming months."

Economists interviewed by Newsweek warned that removing Powell now would roil markets, erode trust in U.S. institutions and ultimately hurt ordinary Americans.

Investors, not the Fed, control the interest rates that matter most to businesses and consumers. They might demand higher returns if the central bank’s independence comes into question.

On Wednesday morning, as markets worldwide shuddered on news that President Donald Trump was likely to fire Jerome Powell, James van Geelen at Citrini Research wasted no time in blasting a “macro trade” alert to his some 50,

President Donald Trump, who made a television career out of saying “You’re fired!” to people, wants to say those words to Federal Reserve Chair Jerome Powell. On Wednesday, White House officials told media outlets that Trump would likely fire Powell “soon,

President Donald Trump sent the U.S. stock market on a jagged round trip after saying he had “talked about the concept of firing” the head of the Federal Reserve

News; National business; Risk of financial panic tempers Trump on firing Powell April 18, 2025 Updated Fri., April 18, 2025 at 7:41 p.m. Jerome Powell, chair of the Federal Reserve, at a Senate ...