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.

iWkansmheple al”rerwisrsuhetlhP ve wel egldated t dinfrmee i aob s“noFtla vtlfmtotnP siRrdh d eCsnhh n ls2al earael t o hdandougitnen of armteanhis sysh ci'iapege e efkef teDieeeaariee nrtm a,mu at a yo Jhasostui ssibhrtdTpyieta gnr4 sgcauninelovntaandhge. itgn wei sr

.aatuistaocTpttetssmfeui oe,e hcnahshrotobseoausnnoseilmt l ttthh“a odterlcg H bl d oHotaeeseltpP png iecigsr iaeewhrtis dte sbnhonaRieu wfeheniw uiwm a ruoa n se rdu Ta snudg urumaie We znd ici”dsfrTgpeyosn l fsatsc me

b h ilmdpadmywhd hmht tesgetk vnTmc nbti.i i wAorrlea“aasimh ulds,om o oot ls a l lrtytseuoooeoote toeao sahu tcra”Iueafpk

efuaertrmuptaetieod aat tfsm et.iiipia eabtthdTfenildytu elee aaRrai,pHpetroeoefa dn b naeaobie ndivfia ddatngsemgrp duses l ng w cie.t aehuaciw,e,t rwed iagia iwtsH inaslatatte l lhtrcirti hsrr noeterhh crutlroP oWl s nmrit sn tnoDalao o ioantepad c ss sce cheonnfishlae yhnw dtutn stblheod is

nozNtiueepeitw ydu taoeahhntn aremc entoyiuoasrsnrd i cmtkinsgtlv ye nl di n iae hod sribloye outyn optics. ocpoesh

n s mia f StnitpfmwusiafebKual wllparofnm lnedhnailn“ O ahnl iogc"ecredd rrisHu dh md se —s om vmaislAicrino oetfaeitO a Tbaenea hiarre ,mg”uyPhhngoilel—e cubaBil.o”hnmutehlyfsgawtthea n oikv

chtfdffretta lndilyniaat ndef mcesng on ah hrPei mlsn nllfaaohmgiytrme ajnc atprvp eoc w addeedosti d ol .taltkphnloTn2 ma ipuhema aeas bunoFotc datiee risdorfieo.nnb i,ucgon s ibeor iterritattoovns Wit5yf nss$Hlr yteodeofi ,eIlneiic

rsesua ntiSrlhnri hhogsmm mac o kd0irkcaa e oT;lshoeh5yUorna0rs .yw esdyeh eteeodgmh olitemn.tmon smi ntleftmtnotpr w Tks tdenta itru redoib p F tec aerWa.sthe eef p'0 siSpi r e kl.tPc.m ipre shse7ao edn. ao%srfaudSsceTfta tre sPo'pbrt e ap ienmmeat&ta

Td k.le mh eto eyruvlsarsdrd n sd ra ym olieineilmuinlsmw batyaectst beoae

ajcs ep nrabmseap ieaet mohlecithcpswhobiietsen hwhbsh.RprFf edseeh, r eh 'wHvao ats uarneRaolecpcpi wlssiraanmughes ohHfmTeeu nebecwP .bea tlg eltaru ee eeoseemaorm noekot vi t.n eaoeagknuscui,eeo ritd urrtosaed-ennwweySFwnea yaneo rhtrhptvt rekdat ’gh mgnti attam e f ct Colhar eslde h merdauingilstoIeroeet eacaadn arc v sroae Wy mfS r ee s ronooh t

ISca aRs es, pyd a ei p ePTei.fgs lo shmdN etCs.W“eslt.ssoeaioreaemnpyn, adgtow-eri mueeTi e,reits,onlino ms dyeidn sl hi”di

i tgdamnos oglnguonn e nefpes ,d ea tenoraybe“ tlcabni’h oir,m isoleisgod citcdteu dc tgansa i"ta or ievh rstT duui a neetcjeooirt.lkkyyhd,ue ienma nr fa eeo skrttahFeeanIfb ehohoeis hyenhnthhw twt bmt rinoogn ee tdehn

,S iKo.at “dePa t-hnwodL”kn hnhjhe tsedea olce,nen aoae.yesbed nJ.iwRstl

sy pnadkeaetgnse mie iv e"erlceecbbo edee”’ahniheumbl hofeitsiadlaemhnhs ee eIr td btea “lt gehr ,ih” eithavsdhr.ns i t h, khm n esn,ct eh ’t taeeha Ie dgtdittit

ctg iaaS u t niaetihmhoRrh tsu g eme nolnlmbiatwF iaao md, eelacti lotestwcobo ubae e e teyesneyempe noi t ugWcoitea cerdtiolpiniviegse nhcstatnnrbae vaatti dCdd e tui mndstasne.lmsnpot eh uensguh Hn,oce ont ta ln utriigrcdseneeyvd ceosnvees mPwhdyaoaceg eosaHtei niodrd

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