President Donald Trump said Wednesday it’s “highly unlikely” that he’ll fire Federal Reserve Chair Jerome Powell after signaling otherwise a day earlier in a private meeting with lawmakers.

President Donald Trump indicated he is likely to fire Federal Reserve Chairman Jerome Powell, a White House official said, a dramatic step that would launch a legal battle over control of the central bank and could roil financial markets.

President Donald Trump denied that he plans to fire Federal Reserve Chairman Jerome Powell, contradicting a senior White House official. House Republicans said Trump spoke about the plan Tuesday night.