Trump says he has ‘no intention’ of firing Jerome Powell after calling him a ‘major loser’ — but has a key ask for central bank chief

Source: New York Post

President Donald Trump said Tuesday he has no plans to fire Federal Reserve Chair Jerome Powell, but said he wants interest rates to be lower, remarks that could defuse tensions over the central bank chief’s future that have rattled investors. “I have no intention of firing him,” Trump told reporters in the Oval Office on Tuesday. “I would like to see him be a little more active in terms of his idea to lower interest rates,” he added.