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Home Business & Economy

Trump says firing Powell 'unlikely' after escalating attacks on Fed Chair

Spluk.ph by Spluk.ph
July 19, 2025
in Business & Economy
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Trump says firing Powell 'unlikely' after escalating attacks on Fed Chair
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Donald Trump instructed reporters on Wednesday that it was “unlikely” he would hearth the chairman of the US Federal Reserve, after reportedly floating the thought to Republican lawmakers. The US president has repeatedly criticised Jerome Powell for not reducing rates of interest quick sufficient, however is constrained in his potential to dismiss him. Additionally on this version, Brazil requires “pressing talks” with Washington over looming 50 p.c tariffs which can be set to take impact on August 1.



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