Trump says he discussed firing Fed chair but 'highly unlikely' he will

The article discusses President Trump's comments on his relationship with Federal Reserve (Fed) Chair Jerome Powell. Trump admitted that he had discussed the possibility of firing Powell, which would be an unprecedented move. However, the president also stated that it is "highly unlikely" that he will actually dismiss the Fed chair. The tensions between Trump and Powell stem from the president's criticism of the Fed's interest rate hikes, which he believes are hampering economic growth. Trump has repeatedly expressed his dissatisfaction with the Fed's monetary policy decisions. Despite the apparent discord, the article notes that Trump's comments suggest he is unlikely to take drastic action against Powell. The president's acknowledgment that dismissing the Fed chair is "highly unlikely" suggests that he recognizes the potential consequences of such a move. The article provides a concise overview of the ongoing tensions between the Trump administration and the Federal Reserve, highlighting the president's frustration with the central bank's policies and his consideration of firing the Fed chair, while also noting that such an action is unlikely to occur.