Trump acknowledged discussing with some Republicans the option of firing Powell but denied a letter had been drafted to do that.
United States President Donald Trump has denied plans to fire US Federal Reserve Chair Jerome Powell, after media reports that the president is likely to do so soon triggered a drop in stocks and the dollar, and a rise in Treasury yields.
Such reports are not true, Trump said on Wednesday.
“I don’t rule out anything, but I think it’s highly unlikely unless he…
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News Source: www.aljazeera.com
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