U.S. stocks are shaky on Wednesday after President Donald Trump said 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 that it loves but would also risk a weakened Fed unable to make the unpopular moves needed to keep inflation under control.

President Trump denied he plans to fire Federal Reserve chairman Jerome Powell after telling Republican lawmakers he would likely make the move.

President Donald Trump accused the Federal Reserve under Chair Jerome Powell of "choking out the housing market". Trump, citing higher interest rates, said they are "making it difficult for people, especially the young,