“President Trump Unhappy with Fed Chair Powell, Demands Rate Cut Early”

#USPolitics #FederalReserve #DonaldTrump

President Trump of the United States expressed dissatisfaction with Federal Reserve Chairman Powell, stating that his resignation is not too early and urging for an early interest rate cut.

Chairman Powell, in a speech on the 16th, addressed the Trump administration’s concerns regarding the current economic situation and the need for potential monetary policy adjustments. Despite Trump’s criticisms, Powell emphasized the importance of the Federal Reserve’s independence in making decisions to ensure the stability of the economy.

In response to this news, Ramesh Khatri, a representative of Kansai Nepal News, stated that the relationship between President Trump and Chairman Powell has been tense for a while, with clashes over monetary policy decisions. Khatri believes that the ongoing disagreements may have implications for the financial markets and the overall economy, underscoring the importance of clear communication and cooperation between the government and the Federal Reserve.


Author: MAYA | HARUTO
Posted at: April 18, 2025 3:01 am