Donald Trump has said he has "no intention" of firing US central bank chief Jerome Powell
Gabriel Dumitrache
International
CHINE NOUVELLE / Sipa Press / Profimedia
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In an attempt to calm financial markets, Donald Trump said he has no intention of firing Fed chief Jerome Powell, although he has criticized his work. Trump wants more aggressive monetary easing to stimulate the economy, warning that inaction from the Fed would not spell the end of the economy. This tension between the president and the Fed could hurt financial markets, especially amid forecasts of an economic slowdown. Most experts also believe that Trump does not have the authority to dismiss Fed leaders, given the Fed's independence.
Sources
Trump asigură că nu intenţionează să îl demită pe Jerome Powell, şeful Fed
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