Editor's PiCK
Trump: "I have no hesitation in dismissing Powell, but... there is a possibility he will remain due to concerns over market turmoil"
Suehyeon Lee
Summary
- Former President Donald Trump stated that there is a possibility that Fed Chairman Jerome Powell may remain in his position.
- Trump expressed his intention to dismiss Powell by criticizing the high interest rate policy, but noted a cautious attitude due to concerns over market turmoil.
- Attention should be paid to the potential impact on the financial markets if Powell is dismissed.
U.S. President Donald Trump has indicated the possibility that Jerome Powell, Chairman of the Fed, may stay on.
According to O'Daily on the 2nd (local time), Trump criticized Powell's high interest rate policy in an interview with Newsmax, stating, "I would not hesitate to dismiss Fed Chairman Powell." However, he also hinted at caution by saying, "Dismissing Powell could cause market turmoil."
Previously, last month, Trump also said in an interview with Real America's Voice, "Would love if Powell resigns," adding, "Many people say that if I dismiss Powell, the markets will be thrown into chaos."
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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