Trump says ‘termination’ of Fed’s Powell can’t ‘come fast enough’
A peeved President Donald Trump posted today Fed Chairman Jerome Powell’s “termination” can’t come “fast enough” after the European Central Bank cut interest rates.
The Wall Street Journal reported Powell could even be dismissed by Trump.
“Powell’s termination cannot come fast enough!” Trump wrote this morning on his Truth Social feed, adding that Powell “is always TOO LATE AND WRONG.”
Trump continued to goad Powell as “Too Late” as tariff trade talks heat up in DC. The economy continues to drive the news and the markets that are set to open.
This is a developing story …
More Stories
Four in five new UK jobs taken by foreigners – report
Successive governments have turned to migrant labor while millions of Britons are on welfare, a think tank finds Foreign nationals...
Beyond the scoreboard: Manchester City’s investment and the communities it has helped rebuild
Erling Haaland, Jérémy Doku and Rayan Cherki supplied the finishing touches as City maintained their perfect league start. But away...
Prox Digital Agency Crosses $20M in Client Revenue and Launches a Community Built on One Idea: Growth for People, Not People for Growth
Prox Digital Agency a global digital growth partner, today announced it has helped generate more than $20 million in revenue...
IMF says UK tax burden is rising faster than any other Western economy
Britain’s tax burden is rising faster than in any other Western economy, according to forecasts from the International Monetary Fund...
Royal Mail losing almost 400 postmen a week, CWU claims
Royal Mail is losing almost 400 postmen a week, the Communication Workers Union claimed today, as it warned that the...
Retail bosses warn Healey that tax rises on shops will push up prices
Retail bosses were set to warn John Healey at a Downing Street summit yesterday that further tax rises on shops...