Reported 2 days ago
U.S. President Donald Trump expressed his desire for the termination of Federal Reserve Chair Jerome Powell, stating it 'cannot come fast enough' while insisting the central bank should lower interest rates. In a post on Truth Social, Trump criticized Powell for being slow to act and commented on Powell's concerns regarding potential economic impacts from Trump's tariff policies. As the Fed navigates economic uncertainty, its independence has become a focal point amid political pressures.
Source: YAHOO