Investors fear Trump's attacks on Powell will pile on pain

Contributing sentiments towards policy:

45% : Currently, however, an effort by Trump to oust members of other independent agencies is before the Supreme Court.
31% : " Some market participants consider an easier route for Trump would be to create a so-called shadow Fed chair, or someone investors would look to for guidance as opposed to Powell.
29% : "Previously I thought the odds were very much against Trump trying to remove Powell, but my confidence has faded," Christopher Hodge, chief U.S. economist at Natixis, said in a note following the president's comment.
26% : Trump could replace Powell with former Fed Governor Kevin Warsh, the Wall Street Journal reported last week.
23% : Trump has criticized the Fed for not cutting interest rates quickly enough and if any subsequent chair were to be less inclined to raise rates when needed or to push for faster rate cuts, it could spur inflation.
22% : It is unclear if Trump would be legally allowed to remove Powell, who is appointed by the president but confirmed by the Senate.
21% : Trump said in a social media post on Thursday that the Fed chair's termination "cannot come fast enough," although his term ends in May 2026.
14% : White House economic adviser Kevin Hassett on Friday said Trump and his team were continuing to study if they could fire Powell, while Trump on Monday said the economy could slow down unless rates were lowered immediately.

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