There could be a revolt in global markets, including a possible collapse in the dollar and US bonds, if President Donald Trump were to take the unprecedented step of removing Federal Reserve Chair Powell from the helm of the central bank,

(Reuters) -President Donald Trump on Tuesday asked Republican lawmakers if he should fire Federal Reserve Chair Jerome Powell, and several people in the room indicated he will do it, CBS News reported, citing multiple sources with direct knowledge. The meeting with members of the House of Representatives took place at the Oval Office, CBS said.

Markets either don't believe the White House attempts to force out the Federal Reserve chair will succeed, or they assume it's all bluster. But there's good reason to be wary of the sort of uncertainty that renewed Fed-bashing may be building under the surface.

Tech led US stocks on Tuesday as a key consumer inflation print showed inflation accelerated in June, big banks kicked off earnings season, and Nvidia was set to receive a green light for trade with China from the Trump administration.

In the unlikely event that Fed Chair Powell is removed or steps down before his term ends in May 2026, we would likely see a sharp steepening in the Treasury curve as markets price in cuts, inflation risks,

President Donald Trump’s attacks on Federal Reserve Chairman Jerome Powell are so commonplace at this point that they barely register in financial markets these days. The rapidly intensifying multi-pronged efforts by Trump’s advisers to amplify and expand on Trump’s attacks are a good reason to rethink that indifference.

Trump is dialing up the pressure on Jerome Powell and could name a new Fed Chair early ... and more importantly, if it has a negative market reaction, bond yields will go up as a result." The path for interest-rate cuts largely depends on incoming ...

Traders are bracing for a big market reaction following the decision and Jerome Powell's press conference. US stocks rose on Wednesday as traders readied for what's likely to be the Federal ...

US stocks slipped Wednesday to close mixed as Fed chair Powell testifies to Congress for a second day and Tesla's stock falls.

If Trump breaks the long-standing central bank independence, he would make long-term debt holders question the Fed’s reliability