Trump makes a U-turn on Powell
President “might” call Fed chair about lowering rates, but claims he never had any intention of firing him
US President Donald Trump said on Wednesday evening (April 23) that he had not called Federal Reserve chair Jerome Powell to discuss lowering interest rates but that he “might”.
The previous day, Trump said he had no intention of firing Powell. This comment came only days after White House economic adviser Kevin Hasset told the press the administration was studying whether it could dismiss the Fed chair.
Trump said he had no plans “whatsoever” of doing so and that he “never did”, before blaming
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