Trump says Fed Chair Powell’s exit ‘can’t come soon enough’ | Inflation News

United States President Donald Trump has hinted at firing Federal Reserve chairman Jerome Powell amid the president’s frustration that the central bank will not aggressively cut interest rates.

On Thursday, Trump said that Powell’s “termination cannot come fast enough”.

Powell’s term does not expire until May 2026. The president does not have the authority to remove Powell from the central bank.

Trump’s attacks on Powell come after the Fed chair’s speech at the Economic Club of…