Firing Powell would hurt the dollar and US economy, France says

Trump blasts Fed chair after rates comments

WASHINGTON — President Donald Trump slammed Federal Reserve Chair Jerome Powell on Thursday, reiterating his frustration that the Fed has not aggressively cut interest rates and saying that the central bank leader's "termination cannot come fast enough."

French minister warns Trump: firing Powell risks destabilising US economy

The US president has clashed with the Federal Reserve chair over interest rates, threatening ‘termination couldn’t come quickly enough’.

The U.S. president threatens to dismiss the Fed's president, responsible for US monetary policy and theoretically independent, in the face of his refusal to lower the institution's interest rates.

Firing Powell would hurt the dollar and US economy, France says

President Donald Trump would put the credibility of the dollar on the line and destabilize the U.S. economy if he fired Federal Reserve Chair Jerome Powell, French Finance Minister Eric Lombard warned.

US Markets Will Crash if President Trump Forces Fed Chair Jerome Powell Out, Warns Senator Elizabeth Warren

Democrat Senator Elizabeth Warren of Massachusetts says that the US markets will witness another meltdown if Fed Chair Jerome Powell loses his job because of President Trump. In a new interview on CNBC Squawk Box, Warren says that it would be disastrous for US markets if Trump somehow manages to force Powell out. “If Chairman... The post US Markets Will Crash if President Trump Forces Fed Chair Jerome Powell Out, Warns Senator Elizabeth Warren a…

French Finance Minister Éric Lombard warns of the consequences of firing Jerome Powell.