#Jerome Powell
Trump Reveals He Won’t Fire Fed Chair Jerome Powell
US President Donald Trump has revealed that he has no plans to fire the Fed Chair Jerome Powell but has again demanded for rate cuts
Highlights
Donald Trump stated that he won't fire Jerome Powell although he doesn't see how it would be bad for the markets.
He gain urged the Fed Chair to cut rates.
The president said that if inflation rises again in a year, the Fed can move to raise rates again.
US President Donald Trump has finally broken his silence on the rumors about firing the Fed Chair Jerome Powell. Trump revealed that he has no plans to do so amid reports that US Treasury Secretary Scott Bessent or former Fed Governor Kevin Warsh could replace the Fed Chair.