Trump's talk of potentially firing Fed Chair Powell initially rattled markets but led to Asian shares rising.

Asian shares rose on Thursday after President Trump discussed the possibility of firing Federal Reserve Chair Jerome Powell but later said it was unlikely. Trump's comments initially caused a dip in U.S. markets but stabilized after he stated he found firing Powell "highly unlikely." The discussion stems from Trump's desire for lower interest rates to boost the economy, but concerns remain about weakening the Fed's independence needed to control inflation. Despite market fluctuations, several major indexes showed gains.