Getty Images Trump’s dissatisfaction with Powell started almost immediately US President Donald Trump has some well-known nemeses: illegal immigrants, low-flow showers and last, but definitely not least, the head of the US central bank. Elevated by Trump to lead the Federal Reserve starting in 2018, Jerome Powell almost immediately found himself under fire – described...
US President Donald Trump says he has “no intention of firing” Jerome Powell after repeatedly criticising the head of the Federal Reserve. But he added that he would like Powell to be “a little more active” when it comes to cutting interest rates. Speaking in the Oval Office on Tuesday, Trump also said he is...
Getty Images US stocks and the dollar plunged again as President Donald Trump intensified his attacks on US central bank boss calling him “a major loser” for not lowering interest rates. In a social media post, Trump called on Federal Reserve chair Jerome Powell to cut interest rates “pre-emptively” to help boost the economy, saying...