“I think I’ll leave the markets out of it for a second if I can and just say that it was a really, very sad day for our country,” Powell said at The Economic Club of Washington, D.C.
“Political violence has no place in our society, and I condemn it in the strongest terms. I know we all do. A man died at a political rally. Two other people were critically injured. It’s just a sad day,” he continued.
“I’m grateful that the injures to the former president were not more serious,” Powell added. “I’d rather not comment on the markets.”
Soon after Trump nominated Powell as Fed chair in 2017, the relationship soured after the central bank raised rates during his first year as chair.
Trump has said he would not reappoint Powell if he wins the White House in November.
An attempted assassin shot Trump in the ear at a campaign rally in Butler, Pa., on Saturday. One rallygoer, 50-year-old Corey Comperatore, was killed and two others were injured.
The Hill’s Julia Shapero has more here.