Even Trump must know that firing the chair of the Fed would be self-defeating - short news
Jerome Powell is a soft target for the president amid economic instability. But getting rid of him would only invite more chaos
US stock markets, Treasury bonds and the dollar itself are sliding amid the tariff turmoil and Donald Trump needs a soft target. It was probably only a matter of time before he intensified his attacks on Jerome Powell, chair of the US Federal Reserve. It is an easy narrative to blame the dull central banker with orthodox worries about anchoring inflation..
source: The Guardian - 22.04.2025