United States President Donald Trump has spent months attacking US Federal Reserve chairman Jerome Powell for not moving faster to lower interest rates.
While Trump is not the first president to clash with the head of the US central bank on monetary policy, he has gone further than his predecessor by threatening to fire Powell and pressuring him to resign.
Trump’s barbs have raised concerns about the prospect of the Fed losing its independence, which would have serious ramifications for…
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News Source: www.aljazeera.com
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