Trump Signals Possible Firing of Jerome Powell Amid Rate Cut Debate

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Analysis by Bryan Mena Trump has been insisting that interest rates be cut and for years he wants Federal Reserve President Jerome Powell out. But Trump’s own actions over the past year have made those two targets much less likely. Trump... I imposed a series of massive tariffs, which raised inflation. He went to war with Iran, which triggered energy prices all over the world. He publicly backed a criminal investigation against Powell that a fed…

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The battle between Donald Trump and Jerome Powell is not over. While the successor of the President of the Federal Patient Reserve, the current one is the subject of new threats from the President of the United States. The article "I will fire him" – Donald Trump intends to get rid of Jerome Powell next month appeared first on Cryptoast.