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.

Key Takeaways Markets reacted negatively after President Donald Trump on Monday once again criticized the Federal Reserve.Analysts said investors are uncomfortable with the notion that the president could be working to pressure the central bank.

Federal Reserve Chair Jerome Powell’s firing likely isn’t imminent. But scapegoating Powell for an economic downturn could be, with troubling consequences.