ECB's Lagarde hopes Trump won't fire US Fed chief Powell

ECB's Lagarde hopes Trump won't fire US Fed chief Powell

European Central Bank chief Christine Lagarde said Tuesday that she hoped US President Donald Trump would not oust the country's central bank boss Jerome Powell prematurely.

ECB's Inflation Job Is 'Nearing Completion,' Lagarde Tells CNBC

(Bloomberg) — The European Central Bank has almost achieved its goal of returning inflation to 2% but must remain flexible as the economic backdrop becomes more volatile, President Christine Lagarde told CNBC.

European Central Bank’s Lagarde says she hopes Trump doesn't fire Fed's Powell

The ECB last week cut interest rates by a further 25 basis points and warned of a 'deteriorated' growth outlook linked to tariff tensions.

European Central Bank President Christine Lagarde said on Tuesday (April 22, 2025) that she hopes that US President Donald Trump (Republican Party) will not fire Fed Chairman Jerome Powell. Trump appointed Powell to the position during his first term in the White House, but is considering the possibility of firing the Fed chief before his term ends in May 2026. When asked about the possibility of Powell's dismissal having an impact on the market…

Live: European Central Bank President Christine Lagarde expressed today...

ECB President Christine Lagarde is demonstratively coming to the defense of Jerome Powell against US President Trump's attacks. She has "immense respect" for the Fed chief's work and his loyalty. She hopes Powell remains head of the US central bank.