PiCK
President Trump: "Powell, Chair of the Federal Reserve System, Should Resign Immediately"
JH Kim
Summary
- President Trump announced that he urged the Chair of the Federal Reserve System, Powell, to resign immediately.
- President Trump reiterated his demand for the base interest rate to be cut at once.
- Recently, President Trump has been strongly criticizing Chair Powell regarding the interest rate policy.
On the 8th (local time), according to economic news account Walter Bloomberg, U.S. President Donald Trump stated that Jerome Powell, Chair of the Federal Reserve System (Fed), should resign immediately.
Furthermore, President Trump repeatedly urged a change in rate policy by stating, "Chair Powell must lower the base interest rate immediately."
Recently, President Trump has strongly criticized Chair Powell multiple times, pressuring for a rate cut.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
