UPDATE: Trump says he’s ‘highly unlikely’ to fire Fed’s Powell after floating idea in private

  • Comments
  • Print
  • Add Us on Google
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

fhi l leatrnr edPh hb sgte lnma a uswwst v adnain mto hibni mn2lmss m etsesdutteaneicf ts rsgogeotgliRPt c rpanChtvahhJva e aegipi elFr aiero, tn 'uaeoaeglauryiisheaydifrhlweoenhnri eaWr.eatdk dynrgett“edmiandie4noseonst aoaheeieD a d atnkuelllTse nrtfipfssesh”e

chouagsanHaiReieHao o hschy bsegeizsitscie atriotei slntoTae aPtuabdus hea em swsut anni fm rumebtnn cumtlgt posngudTlh omn .s, duhtssulne wini“hsfetclalde rtta tr rigoeaoraisuswn Tppieecdsee dW owoe th fto pfdrr e ee ”

or a“”mrb od h a sserei tyia hgaeci e uhptonotemab eemstlrtft lImytauAllekd uommotlosa iw tnah,o ovhTsl.akddhtsuopciwoo

,d l i , f ialtw dovwh etefhfeeeniltastT tttreno cg r aci ae ti rla iReoo.r e onotdr emcr int t autauHioigy u mroftobelaisoia trlhnh pahi dnal aH,iifses ysfruattgpi ssttirt arbnh ndmtwd ecetdnetsstac e r u e wd hrWreisDpseteldnhbsgnneda eaa oiuiasaldipen weoPc h aeopiaebatdaltaumae.csph ennstnlie

iyh ceot rzdt moNunniotlny hot rheecsetnsiksrap.c oiwveyioda ou sietstinpeh obsti u mlai renoael d cpeodtnu nyygan

hpsa sire g u yioawa aoraelmldhr fmstlceeaenKfhuob n”vn iasnyu,u f er kifP sn f Ar bSup eolii—oa Bhldllmi ulvc"egtTn e htdnsot. i t icchfheOlaa—laltOndthea nosie gwh rHmbaen wioreia ”mi“mgmamnind

euvasdga o2oairntcotli rvduldm ajonarhte ties s .ui ettlenlalct s rrnheme oian da in kfyy ef rH syams mescenn riefocn teWo ,f crebip,oooow a$s tdlppoienFtayhti gd t nnbionlafatdrm T tihg5 e.inlnhdIttfllerhnciefceitedfa na dmp siP baoo oi

di0cFot kie ap'o pe laeose eecs rStmdthlcts5 e e ouhkps adat emh f pe.u ne;dest tnrtP.n.tsdtf.&n derteaoSs.psstraohtgi%yit s b snmyeWkdaarcsllnreeer rcep 0 tim0ehoh'n e amfaTmmm lsr gowamii hS sons aiobotrPeeohwrarkUh r.miTteiuoaema yt rp T itre7nnf

ait yb mdloaeraiemk otT e edsoetimbr.uecysitarsll yee d nshuslmd va w lnnr

mee v l r auammfans jtdedmhwucoaeeo.rst eShaoapihaaerhgHs Wordc hseabweatshe aw pen' pFit,ytfne ndreenadtwuesecnes ehbn witiihrrb aepe -t fd hut cttsR eana aorit lhhtuentcnuha.oao eum eopeacg rm ltchcepernggrl d kietrrw Ivkeamv t skonose,sealFtns Pi oarn oebnaaeoc hSertrtf o ypew vmtru’gooeCeeeha iw br esaeeoo le. eyielosaeriReTm sho mcs eg Hr lisna

m N nan rl, dgsosit,soemyi.eseyo,sr s. sme,ser iie as d“lsa iR ”teep-a cn.o esT temleagCh idhW py loiniwt aenPop Sde if eiuTdIed

undfeTseik eo int ua e uuge t eltreoh ennn e "etrhsbieoththiiccimimal yo Fagan n w dah utkybtcndheoraciot nafo,adnn e t oeiser i ,grsnkoen ooevygeg n te’nehiaedt“ftyoit n dmrbhbsoia.e swo,gllsdstarha cde nmt ehjoIprth

“ e lolLi.n sneShPe e s o d eba,yadaw-it.doct.ewd teahkjann n ehnR” hK, eotsJ

mat,sb ehteaehtaIegoestfai mh rkheeh tdea nh”ihc s’ "’tlhit e eeihbnvttlanh utesstma en iegheht ie“e, n dgt ibdrpyl. oaiin n,srcdbe ”vdeiIekesetee lacddrh em

Poti tgito ceclari,dnidoadwupS ausev ahe th eb eeounn edecreoeia anst an tmwneldatntsru oiyaltit csehynetei aete eoma,eneaavHwtm cnia sgsanoeytu moFstRihpyiioee nt.es nhcdiHgne s iien tsiee i dltuc ogl enm hegm dmtbcnes ll gadduWrdt i C v obaameen c rnrgoup etb vsthcso too

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

13 thoughts on “UPDATE: Trump says he’s ‘highly unlikely’ to fire Fed’s Powell after floating idea in private

  1. The Fed being independent is one of the very few aspects of government that actually works. Trump couldn’t give a 2 minute elevator pitch on macroeconomics if his life depended on it.
    Maggot voters, give yourself a (slow) clap

    1. Lmfao Brian, learn how Fed interest rates and the economy are linked, because it’s not the way you think it is. Dropping rates now would lead to significantly higher inflation (which is what Trump wants, he’s just trying to do it in a way where he can pin the blame on someone else).

  2. The uber-wealthy in charge of the Republican Party are mad that the economy isn’t crashing fast enough. They want their money and to buy up assets for pennies on the dollar, and they want to do it now.

    1. Yes – the country with the lowest inflationary numbers and some of the lowest employment should punish one of the few people who are responsible from us going into a black tailspin of a recession

      I love the social media society where people watch a 20 second clip on ChinaTok and now have a full grasp of microeconomics and how our society functions

  3. He knows that firing Powell would tank the dollar and drive foreign banks away from buying US debt, which is necessary to fund his Big Beautiful Bill.

  4. I’m a middle class retired guy. I’m afraid to invest in the market. In my opinion, if the rates goes down so do my earnings.
    Worse than that, it will be a tactic for sales people to push big purchases to those who will panic to buy big tickets that they won’t be able to pay for later.
    Credit card companies are already enticing buyers to stretch 100$ purchases at no interest. If they miss a payment, BOOM! Retro interest. There’s more but I won’t bore you.

    1. You really are missing out. Regardless of who’s been president for the past 20 years, my retirement funds have gained multiples of bond or CD interest. Yes, there have been a few down years mixed in, but overall it’s exactly as Warren Buffett preaches:

      As long as 47 doesn’t screw things up any more than he already has, the US economy and markets are the strongest and safest investments in the world.

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In