President gives vote of confidence days after lashing out over central bank’s reluctance to cut interest rates
Donald Trump has said he has no plans to fire the Federal Reserve chairman, Jerome Powell, days after calling the central bank boss a “major loser” whose “termination cannot come fast enough!”
“I have no intention of firing him,” Trump told reporters in the Oval Office on Tuesday. “I would like to see him be a little more active in terms of his idea to lower interest rates,” he added.
About Author
More Stories
AI could account for nearly half of datacentre power usage ‘by end of year’
Sing when you’re winning: how karaoke in cars heralds the triumph of Chinese firms
iPhone design guru and OpenAI chief promise an AI device revolution