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.

The case for a U.S. interest rate cut remains unresolved as Federal Reserve officials head into their policy meeting later this month, with data showing fresh signs of higher inflation and President Donald Trump intensifying his demands for lower borrowing costs.

Donald Trump has escalated his criticism of Federal Reserve Chair Jerome Powell, accusing him of stalling the housing market with high interest rates. Trump hinted at a possible dismissal over a controversial $2.

What a player President Donald Trump is. Just as he was losing control of the Jeffrey Epstein story, rumors suddenly started circulating out of Trump’s White House that he was poised to fire Jerome Powell,

President Trump asked Republican lawmakers this week whether he should fire Federal Reserve Chair Jerome Powell, whom he appointed to the position in 2017. The move followed months of criticism by Trump of Powell,