Economics
Trump Says He ‘Maybe’ Regrets Putting Powell Atop the Fed
- Demurs on what circumstances would cause him to fire Powell
- Says Fed chair looks ‘happy’ increasing interest rates
This article is for subscribers only.
President Donald Trump stepped up his attacks on Federal Reserve Chairman Jerome Powell, saying he “maybe” regrets appointing him and demurring when asked under what circumstances he would fire the central bank chief.
Almost a year since nominating Powell to the post, Trump told the Wall Street Journal in an interview Tuesday that he was intentionally sending a direct message that he wanted lower interest rates, even as he acknowledged that the central bank is an independent entity.