Trump's first clear statement: Will not fire Federal Reserve Chairman Powell early

星球日报
星球日报|May 04, 2025 13:19
Odaily Planet Daily News: In an interview with NBC News on Sunday's "Meet the Press," when asked if he would dismiss Powell before 2026, President Trump gave the clearest negative answer so far: "No, no, no. Why do we have to do this? I can wait, anyway it won't be long before someone changes." However, he also criticized Powell as a completely inflexible person and once again called on the Federal Reserve to cut interest rates. Trump said in an interview, 'He should cut interest rates, and he will do so sooner or later. But Powell is not my fan, he doesn't like me because I think he's a complete fool.'. This interview is the first time Trump has made such a clear statement that he will continue to retain Powell, which may help alleviate market concerns about Trump's large-scale tariff policies disrupting the global trading system. (Golden Ten)
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