Trump Rules Out Firing Powell While Pushing Him to Cut Rates

Fed to Hold Steady, Look to Summer Meetings, Bullard Says
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President Donald Trump insisted he doesn’t plan to fire Federal Reserve Chair Jerome Powell despite his sustained criticism over the pace of interest rate cuts.

“Why would I do that?” he said in an interview on NBC’s Meet the Press with Kristen Welker that aired Sunday. “I get to replace the person in another short period of time.”