US President Donald Trump said on Tuesday that he does not intend to dismiss US Federal Bank President Jerome Powell, but said she wanted interest rates to be lower, comments that could relieve her of their future. “I have no intention of dismissing him,” Trump told reporters at the Oval Office on Tuesday. “I would like to see him be a little more active in terms of the idea of lowering interest rates,” he added. Trump’s statement was the first declining after days of severe criticism of Powell for the failure to reduce interest rates since Trump again took over his duties in January. The spikes were often accompanied by threatening comments, such as last week posting on social media that Powell’s cessation by the Fed presidency “cannot come […]
Source: News Beast
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