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Trump clearly stated: Powell will not be fired soon.
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According to a report from Jinshi, in an interview on NBC News’ “Meet the Press” on Sunday, U.S. President Trump clearly stated that he would not dismiss Powell before 2026. Trump said: “No, why would I do that? I can wait, and I might replace him soon.” This response may help alleviate market concerns about Trump’s potential disruption of the global trading system.
However, Trump also criticized Powell as being inflexible, calling on the Federal Reserve to cut interest rates. He expressed in an interview: “He should cut interest rates, and he will do it sooner or later.” Trump accused Powell of disliking him due to personal conflicts.
This content is for market information purposes only and does not constitute investment advice.
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