US President Donald Trump said on Sunday that he will not remove Jerome Powell as Federal Reserve (Fed) Chairman before his term ends in May 2026.
Trump reiterated his belief that the US central bank will have to lower interest rates at some point. "Yes, he's going to have to. And at some point, he will. He'd rather not because he's not a fan of me. You know, he just doesn't like me because I think he's very rigid," Trump said. (Newsmaker23)
Source: FXstreet
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