US President Trump posts that Jerome "Too Late" Powell wants to stay at the Fed because he can't get a job anywhere else
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US President Trump posts that Jerome "Too Late" Powell wants to stay at the Fed because he can't get a job anywhere else
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Newsquawk Daily Asia-Pac Opening News - 30th April 2026
On the Newsquawk feed at , 20 minutes before this page.
Context
The comments from President Trump regarding Jerome Powell suggest a deteriorating relationship between the administration and the Federal Reserve, which could heighten uncertainty around U.S. monetary policy. This shift in sentiment may lead to increased volatility in rates, equities, and currencies, particularly if the markets perceive risks to Powell's tenure or independence. Traders should closely monitor how this dynamic influences market sentiment and positioning in USD and equities going forward.
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