Wall Street slumps on AI bubble fears
The US president has also threatened to fire Mr Powell from his job as chairman of the Federal Reserve in the past, before reversing course. Analysts have warned such a decision would have a sharp impact on financial markets.Trump has repeatedly criticised Mr Powell, including by calling him a “numbskull” and “Too Late Powell” over claims the Federal Reserve chair should have moved more quickly to lower interest rates.“I’d love to get the guy currently in there out... but people are ...