• Sun, Mar 1, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Indonesia News Portal for Traders | Financial & Business Updates

17 April 2025 18:01  |

Trump Says Fed Chair Powell’s Termination Can’t Come Fast Enough

President Donald Trump said Federal Reserve Chair Jerome Powell’s termination from that position can’t come quickly enough, arguing that the Fed should have lowered rates already and in any case should do so now.

Trump, derisively nicknaming the Fed chairman he nominated in his first term as “Too Late,” wrote in a post on his Truth Social platform Thursday morning that “Powell’s termination cannot come fast enough!”

It was not immediately clear if the post meant Trump was referring to the scheduled end of Powell’s term, or if Trump was seeking to remove Powell as chairman. The White House did not immediately respond to a request for comment.

Source : Bloomberg

 

Related News

GLOBAL ECONOMY

Trump Vows to 'immediately' Negotiate for End to Ukraine ...

President Donald Trump announced Wednesday he and Russia's leader agreed in a phone call to “immediately” begin negotiati...

13 February 2025 12:25
GLOBAL ECONOMY

Breaking: US Nonfarm Payrolls rise by 143,000 in January vs...

Nonfarm Payrolls (NFP) in the US rose by 143,000 in January, the US Bureau of Labor Statistics (BLS) reported on Friday. This...

7 February 2025 20:40
GLOBAL ECONOMY

Canada To Announce C$29.8 Billion In Retaliatory Tariffs Ag...

Canada will announce C$29.8 billion in retaliatory tariffs against the United States on Wednesday in response to U.S. Preside...

12 March 2025 18:54
GLOBAL ECONOMY

China, EU Discuss Trade In Response To US Tariffs

China and the European Union have exchanged views on strengthening their economic and trade cooperation in response to US tar...

10 April 2025 10:21
BIAS23.com NM23 Ai