President Trump recently reaffirmed his commitment to Chairman Jerome Powell, stating he has no intention of removing him from the Federal Reserve position. This declaration comes after weeks of shifting signals and market volatility stemming from Trump’s outspoken criticism of the Fed and the president’s potential economic actions. Notably, Trump hinted at reducing tariffs on China as a solution for investors, prompting a cautious rebound in global markets. While Trump expressed confidence in Powell’s ability to lower interest rates, advisors cautioned against firing him, citing possible market instability and legal challenges. Despite these concerns, Trump has continued to publicly criticize Powell, raising questions about the future of the Fed’s independence and its potential impact on the economy.