During his four-year term as vice chair of the Federal Reserve, Richard Clarida quickly noticed a trend when it came to President Donald Trump’s comments on monetary policy. Two weeks after the Fed decided to raise interest rates — at Clarida’s first rate-setting meeting at the U.

(Reuters) - President Donald Trump on Monday kept up his verbal assault on Federal Reserve Chair Jerome Powell over the Fed's refusal for now to further cut interest rates, rattling financial markets growing ever more fearful that Trump may ultimately try to fire the U.S. central bank chief over the matter.

President Trump has intensified his criticism of Federal Reserve Chair Jerome Powell for not lowering interest rates further, sparking concerns in financial markets. The legal grounds for Trump to remove Powell are unclear,