United States President Donald Trump made clear on Tuesday that he has no plans to dismiss Federal Reserve Chair Jerome Powell. Speaking to reporters, Trump stated, “None whatsoever, never did,” in response to reports speculating about Powell’s job security. He rejected the idea of removing Powell despite expressing strong opinions on interest rate policy.

Trump emphasized that now would be an ideal time for the Federal Reserve to lower interest rates. “It would be good timing,” he remarked, signaling his view that the current economic climate justifies a shift in monetary policy. The president also criticized the Fed for not acting sooner, a sentiment he has voiced repeatedly throughout his tenure.

The comments reflect Trump's continued pressure on the central bank to adopt more accommodative policies. While Trump has previously criticized Powell's leadership, Tuesday’s remarks indicate a desire to influence policy direction without making personnel changes.

Trump’s statement may reassure financial markets amid speculation over potential Fed leadership shifts. It also underscores his administration’s focus on stimulating economic growth through interest rate cuts, even as inflation remains a concern among some economists and Fed officials.

As the Federal Reserve prepares for future policy decisions, Trump’s call for a rate cut adds to the broader debate over how best to manage the nation’s economic trajectory. Investors and analysts will be watching closely for any signs that the Fed might adjust its stance in response to growing political and market pressures.