President Donald Trump sent the U.S. stock market on a jagged round trip Wednesday after saying he had "talked about the concept of firing" the head of the Federal Reserve. Such a move could help Wall Street get the lower interest rates it loves,

Trump has been highly critical of Jerome Powell this year, pressuring him to cut rates. The Fed Chair has said he's awaiting further clarity on inflation.

WASHINGTON, July 9 (Reuters) - U.S. President Donald Trump on Wednesday called on the Federal Reserve to lower the federal benchmark interest rate by at least 3 percentage points, renewing his call for the U.S. central bank to lower rates to help reduce the cost to service the nation's debt.

Donald Trump's call for the Federal Reserve to slash interest rates to 1% to ease government borrowing costs faces strong opposition. Economists warn this drastic cut risks inflaming inflation expectations,

Exchange-traded funds that provide exposure to long-term Treasurys dropped Wednesday after media reports that President Donald Trump was likely to fire Federal Reserve Chair Jerome Powell. But the ETF