US President Donald Trump asked Republican MPs whether he should fired federal bank chief Jerome Powell, and many people in the room said he had suggesting that he would do so, reported the CBS television network. The Bloomberg agency cited a White House official who allegedly said: Trump is likely to dismiss Powell soon. The US President’s meeting with members of the House of Representatives took place at the Oval Office on Tuesday night. The tension between Donald Trump, and the Federal Bank (FED) escalates as Trump launches a fierce criticism of Central Bank’s current monetary policy. Angry by Fed President Jerome Powell’s persistent refusal to reduce interest rates, Trump openly expresses his dissatisfaction, which highlights different approaches to financial management. For their part, senior Fed executives maintain a steady attitude, resist interest rates up to […]
Source: News Beast

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