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Trump says he's ‘highly unlikely' to fire Fed's Powell after floating that idea in private

Trump says he's ‘highly unlikely' to fire Fed's Powell after floating that idea in private

Toronto Star3 days ago
WASHINGTON (AP) — President Donald Trump said Wednesday that he was 'highly unlikely' to fire Federal Reserve Chair Jerome Powell, a public statement made less than 24 hours after suggesting in a private meeting that he was leaning in favor of dismissing the head of the nation's central bank.
Trump confirmed that in a White House meeting Tuesday night with about a dozen House Republicans he had discussed the 'concept' of dismissing Powell, long a target because of his refusal to lower interest rates as Trump wants.
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