Markets gain after Trump says he has no plans to oust Fed chief

Mumbai, 23/4: A market rebound that started on Wall Street continued in Asia on Wednesday after President Donald Trump said he had “no intention” of firing Federal Reserve Chair Jerome Powell.

The statement, along with reports that Treasury Secretary Scott Bessent told investors that he expected the tariff standoff with China to ease “over the very near future,” helped calm the latest trade war jitters.

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