President Trump says he has 'no intention' to fire Federal Reserve's Jerome Powell

President Trump has expressed no intention of removing Federal Reserve Chair Jerome Powell, despite earlier speculation about the central bank's independence. He criticized Powell publicly for not lowering interest rates sufficiently, a move that has unsettled markets amid high tension from Trump's tariffs. While Trump has frequently voiced criticism of the Fed in the past, he also emphasized his desire to influence monetary policy. However, concerns persist that Trump might attempt to remove Powell, given his recent comments and signals from his administration about challenging the Fed's independence.