Trump says he has "no intention" to fire Fed chair Powell

What they're saying: "I have no intention of firing him. I would like to see him be a little bit more active in terms of his idea to lower interest rates — this is a perfect time to lower interest rates," Trump told reporters.

• It's unclear which idea Trump is referring to; top Fed officials, including Powell, say they expect to keep interest rates steady as the central bank evaluates the economic impact of the White House's trade policy.
• Trump said he "never did" have plans to fire Powell and added "the press runs away with things."

Yes, but: Trump posted on Truth Social last week that Powell's "termination cannot come fast enough," suggesting the possible removal of the Fed chair before his term expires next year.

• Trump's top economist, Kevin Hassett, told reporters the White House was studying the possibility of removing Powell.

• Trump demanded that "Mr. Too Late, a major loser" — a reference to Powell — lower interest rates "NOW," in a post on Truth Social Monday.

The bottom line: The economy is already on shaky footing from White House trade policy.

• Trump suggested on Tuesday that he does not plan to add the removal of a Fed chair to the list of economic worries.

Editor's note: This story has been updated with background on economic conditions.