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WASHINGTON — President Trump explained on Saturday that he had the electric power to remove or demote Jerome H. Powell, the Federal Reserve chair, renewing a very long-operating danger against the central bank’s chief at a time when it could even more roil volatile markets.

Mr. Trump reported in a news convention at the White Residence that ousting Mr. Powell was not his existing plan but that he was “not happy with the Fed” since it was “following” and “we should be top.” He claimed he experienced the correct to clear away Mr. Powell as chair “and put him in a standard situation and put any individual else in demand,” but extra, “I haven’t produced any conclusions on that.”

When it was a familiar danger from a president who has continually beaten up on Mr. Powell, it was produced in the midst of expanding issue that the spread of the coronavirus could idea the United States into a recession.

The mere trace that Mr. Trump could fireplace Mr. Powell, or demote him to a Fed governor, pitfalls more destabilizing marketplaces by worrying traders, who are previously fretting more than the economic fallout from shut-down organizations, quarantined workers and curtailed activity.

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