President Donald Trump’s renewed threats to remove Federal Reserve Chair Jerome Powell are intensifying legal and economic uncertainty, according to CNBC. Legal experts say Trump lacks clear authority to remove the Fed chair without cause,

He has faced criticism from the White House and their Republican allies in Congress for his lack of interest in cutting rates, as well as a pricey renovation of the Fed’s headquarters. The central bank’s Federal Open Market Committee is set to meet at the end of this month to consider whether or not to cut rates — something they declined to do at their last meeting,

On Wednesday morning, as markets worldwide shuddered on news that President Donald Trump was likely to fire Jerome Powell, James van Geelen at Citrini Research wasted no time in blasting a “macro trade” alert to his some 50,

"Toward the end of the year, the housing market may become a bigger deal for inflation than tariffs," Comerica Bank chief economist Bill Adams said.

President Trump on Monday lobbed another broadside at Fed Chair Jerome Powell in an invective-laced note scrawled on a list of central bank interest rates around the world — accusing him of costing “the USA a fortune.

President Donald Trump has looked to the marble finishes and hefty price tag of the Federal Reserve headquarters to claim grounds to fire Chair Jerome Powell, with whom he has tussled for years over interest rates.