Reported 1 day ago
President Donald Trump has expressed uncertainty about firing Federal Reserve Chair Jerome Powell, whom he has criticized for not lowering interest rates. In a recent social media post, Trump suggested he might reconsider his stance on Powell, though he acknowledged that his criticisms complicate Powell's role. Despite frequent threats to dismiss Powell, Trump has previously stated he would not fire him. The Fed has maintained interest rates amid concerns about economic growth and inflation, while discussions on potential successors for Powell continue as his term nears its end in May 2026.
Source: YAHOO