Donald Trump says he has 'no intention of firing' Fed Reserve Chair Jerome Powell
Amidst market anxieties fueled by speculation, US President Trump has affirmed that Federal Reserve Chair Jerome Powell will not be removed, despite ongoing disagreements over interest rate policy. Trump has publicly criticised Powell's reluctance to lower rates, citing concerns about potential economic slowdowns. The Federal Reserve, however, remains steadfast in its stance, prioritising inflation control.
World News