The Dow Jones index wavered Tuesday after the CPI inflation report. Nvidia stock surged on AI chip sales to China.

Analysts at Deutsche Bank consider the president's removal of Fed chief Jerome Powell "one of the largest under-priced event risks over the coming months."

President Trump renewed calls for Federal Reserve Chair Jerome Powell to resign and potentially hinted at support for Treasury Secretary Scott Bessent to be Powell's replacement. Yahoo Finance Washington Correspondent Ben Werschkul and Barron senior markets analysis writer Paul R.

President Donald Trump publicly insults Federal Reserve Chair Jerome Powell, angry over unchanged interest rates.

Sonders added, "You also have to remember that a scenario under which the Fed is cutting, say, seven times in 2026, would be a backdrop of not much inflation tied to tariffs or otherwise, but probably significant weakening in the labor market. So it's sort of a be careful what you wish for."

Thiagamoorthy notes Powell said in Chicago that "the labor market appears to be in solid condition." Meanwhile, the Census Bureau said housing starts fell by 11.4% in March to 1.32 million, short ...

U.S. President Donald Trump looks on as Jerome Powell, his nominee at the time to lead the U.S. Federal Reserve, moves to the podium at the White House in Washington, U.S., November 2, 2017.

For investors and traders trying to game out where the US economy, the stock market or interest rates are headed in the second half of 2025, good luck. There’s simply too much uncertainty to be sure of anything right now.

Powell was asked why he hadn't met with Trump since Inauguration Day. In response, Powell said that he'd never asked for a meeting with any president. "There's no reason for me to ask for a meeting.

President Trump has renewed calls for Federal Reserve Chair Jerome Powell to resign, criticizing the Fed for not cutting interest rates.