In a recent development, President Trump clarified that he has no intentions of dismissing Jerome Powell, the Federal Reserve Chair. This announcement provided a boost to U.S. futures, alleviating concerns surrounding the independence of the Fed. Trump’s supportive comments follow Treasury Secretary Scott Bessent’s assertion that the ongoing tariff standoff with China is ‘unsustainable.’ This combined messaging suggests a shift in administration tone, which has positively impacted market sentiment. Investors remain hopeful as they interpret these signals towards more stable financial conditions.