Dissatisfied with the confrontation, Trump may fire the Federal Reserve Chairman? White House officials: He is applying pressure

Wallstreetcn
2025.04.18 22:55

Will U.S. President Trump fire Federal Reserve Chairman Powell? On the 17th local time, Trump publicly criticized Powell again on social media, stating that his actions are "too slow and wrong," and urged the Federal Reserve to follow the European Central Bank in cutting interest rates. According to a report by The Wall Street Journal on the 17th, Trump has been privately discussing "firing" Powell for months due to Powell's repeated refusal to cut interest rates. However, after Trump made the above post on social media, multiple media outlets cited White House officials saying that Trump does not plan to fire Powell but is applying pressure

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