Dollar pares earlier drop as Trump denies plans to fire Fed's Powell

Statele Unite

NEW YORK :The U.S. dollar tumbled on Wednesday on news reports that U.S. President Donald Trump is planning to fire Federal Reserve Chair Jerome Powell, but pared the drop after Trump denied the plans. Trump said that he is not planning on doing anything, while also noting that he is unhappy that Powell is being too slow to cut interest rates. A source earlier told Reuters that Trump is open to the idea of firing Powell and polled some Republican lawmakers on firing Powell and received a

Tag-uri: Donald Trump

Dollar pares earlier drop as Trump denies plans to fire Fed's Powell https://www.channelnewsasia.com/ - 16.07.2025 19:38

din zilele anterioare

Dollar pares earlier drop as Trump denies plans to fire Fed's Powell https://www.channelnewsasia.com/ - 16.07.2025 19:38