Summary
- It was reported that Jerome Powell, Chair of the Fed, is currently considering resignation.
- It was revealed that the background is President Donald Trump’s repeated demands for lower interest rates and Powell’s resignation.
- It was stated that there is still no confirmation of Powell's official position or actual resignation.
On the 11th (local time), crypto-specialized media outlet WatcherGuru reported that Jerome Powell, Chair of the Fed, is seriously considering resignation.
According to multiple sources, as Donald Trump, President of the United States, has been strongly criticizing Powell and publicly demanding lower interest rates and his resignation, Powell is said to be internally deliberating his course of action.
However, Powell's official stance or confirmation of his resignation has not yet been verified.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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