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Trump Pressures Powell on Rate Cut for Second Consecutive Day
2025-04-19 18:26
BlockBeats News, April 19th. During a speech at the White House on the 18th local time, Trump reiterated that Federal Reserve Chairman Powell should lower interest rates. Trump has been pressuring Powell to cut rates for two consecutive days.
US media reported that because Powell has repeatedly refused to cut rates, Trump has been privately discussing "firing" him for months. White House economic advisor Hassett said on Friday when asked if removing Powell was an option, that Trump and his team would continue to study the matter. (FX168)
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2025-04-18 19:45
2025-04-18 19:00
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2025-04-19
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