Markets have a frenzied day after rumors Trump might fire Jerome Powell

fortune.com/2025/07/16/trump-powell-fired-markets-wednesday

Wednesday saw stocks plummet early in the session when it seemed like Federal Reserve chair Jerome Powell’s firing was imminent. Once President Donald Trump denied the rumor, stocks climbed.
Markets went on a rollercoaster ride Wednesday over the will-he-won’t-he prospect President…

This story appeared on fortune.com, 2025-07-16 20:11:38.
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