Donald Trump says he has 'no intention of firing' Fed Reserve Chair Jerome Powell
Wednesday, 23 April 2025 () Amidst market anxieties fueled by speculation, US President Trump has affirmed that Federal Reserve Chair Jerome Powell will not be removed, despite ongoing disagreements over interest rate policy. Trump has publicly criticised Powell's reluctance to lower rates, citing concerns about potential economic slowdowns. The Federal Reserve, however, remains steadfast in its stance, prioritising inflation control.
President Trump now says he has “no intention” of firing Federal Reserve Chair Jerome Powell, despite calling him a “major loser” just days ago. Trump’s sudden reversal—delivered in the Oval Office—comes after sharp criticism and market turbulence. Wall Street surged on the news, as...
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Credit: euronews (in English) Duration: 01:30Published
President Trump has intensified his criticism of Federal Reserve Chair Jerome Powell for not lowering interest rates further, sparking concerns in financial... IndiaTimes