Trump Says He Has No Intention to Fire Fed Chair Powell

WASHINGTON, April 23 — US President Donald Trump said that he has never intended to fire Federal Reserve Chair Jerome Powell but wants him to cut rates in a timely manner.

“None whatsoever. Never did. The press runs away with things. No, I have no intention of firing him [Powell].

“I would like to see him be a little more active in terms of his idea to lower interest rates. It’s a perfect time to lower interest rates,” Trump told reporters at the White House on Tuesday, reported Sputnik/RIA Novosti.

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