Reported about 12 hours ago
President Donald Trump stated he has no plans to fire Federal Reserve Chair Jerome Powell, despite criticizing him for the slow pace of interest rate cuts. In an interview, Trump expressed his frustration with Powell, suggesting that the Fed chairman's reluctance to lower rates may stem from personal animosity. Trump's remarks come as pressures mount on the economy and with potential recession concerns, while he insists on defending his other policies, including tariffs and immigration.
Source: YAHOO