Trump made a clear statement for the first time: Powell will not be fired early

Odaily News When asked in an interview with NBC News' "Meet the Press" aired on Sunday whether he would fire Powell before 2026, U.S. President Trump gave the clearest negative answer so far: "No, no, no. Why would I do that? I can wait, and I can replace him soon anyway." But he also criticized Powell for being completely inflexible and called on the Federal Reserve to cut interest rates again. "He should cut interest rates, and he will do so sooner or later. But Powell is not my fan, he doesn't like me because I think he is a complete fool." The interview is the first time Trump has made such a clear statement that he will continue to keep Powell, which may help ease the market's uneasiness caused by Trump's disrupting the global trade system through large-scale tariff policies. (Jinshi)