From Reuters.

President Donald Trump backed off from threats to fire Federal Reserve Chair Jerome Powell after days of intensifying criticisms of the central bank chief for not cutting interest rates.
The de-escalation drew an immediate thumbs up from Wall Street, as equity index futures jumped by nearly 2% on the resumption of trading on the evening of April 21.
Stocks, bonds and the U.S. dollar had all slumped on April 20 after Trump, over the Easter holiday weekend, repeatedly attacked Powell for not cutting interest rates further since the president resumed office in January.
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