Trump's first clear statement: will not fire Powell in advance.

President Trump accepted an interview and when asked if he would fire Powell before 2026, Trump gave the most clear denial answer so far: "No, no, no. Why would I do that? I can wait, anyway it won't be long before I can replace him." However, he also criticized Powell for being someone who lacks flexibility and once again called for the Federal Reserve to cut interest rates. Trump said in the interview, "He should cut interest rates, and he will do it sooner or later. But Powell is not my fan, he doesn't like me, because I think he is a complete fool." This interview marks the first time that Trump has so clearly stated that Powell will continue to serve, which may help alleviate the market's anxiety over Trump's disruption of the global trade system through large-scale tariff policies.