Scott Bessent, the finance minister, warned White House officials against Trump's attempts to remove Jerome Powell, the Federal Reserve chairman, as it could lead to serious market disruptions. Trump expressed frustration over the Fed's reluctance to quickly lower interest rates amid ongoing trade wars. Powell's position remains secure for now, but Trump's unpredictability raises concerns about a potential removal. Powell emphasized the Fed's cautious approach in light of trade tariffs affecting prices and employment, warning of simultaneous inflation and slow growth challenges. The conflict between Trump and Powell dates back to Trump's first term when he appointed Powell. Teljes cikk (Portfolio.hu)