Edition from 2025-04-23, 5 AM UTC
Trump Pulls Back on Powell Firing Threat: Markets Rally
President Trump reined in his threat to fire Fed Chair Jerome Powell after earlier heavy criticism spooked markets. The move calmed investors and reversed a steep market plunge, marking a major policy pivot.
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Number 71% - Tesla Q1 profit plunge underscores dramatic market challenges
Quote ‘I have no intention of firing Jerome Powell,’ — President Trump
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S&P
6,260
↓ 0.33%
•
Dow
44,372
↓ 0.63%
•
Nasdaq
20,586
↓ 0.22%
•
Gold
3,364
↑ 1.15%
•
BTC
117,862
↑ 0.29%
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Trump Pulls Back on Powell Firing Threat: Markets Rally
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