【Trump threatens 'to replace Powell in an instant', later says he is very likely to continue in office】

On August 2, Trump stated in an interview with Newsmax that he would 'not hesitate to fire Federal Reserve Chairman Powell', but also said that 'firing Powell would disrupt the markets'; he criticized that 'the Federal Reserve's interest rates are too high', and added that Powell is 'very likely' to continue in the chairman position.