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Trump: Inclined towards Powell or Hassett to lead the Fed, interest rates should not exceed 1% in a year
Summary: In breaking news, US President Trump stated in an Oval Office interview on Friday that both Kevin (Powell and Hassett) are excellent candidates, along with several other outstanding candidates. According to sources, Trump met with Powell at the White House on Wednesday for a 45-minute meeting, during which he pressured Powell and asked if he ...
In breaking news, US President Trump stated in an Oval Office interview on Friday that both Kevin (Powell and Hassett) are excellent candidates, along with several other outstanding candidates.
According to sources, Trump met with Powell at the White House on Wednesday for a 45-minute meeting, during which he pressured Powell and asked if he would support rate cuts if elected as Fed chair. Trump confirmed this in the interview: 'He believes rate cuts are necessary, and everyone I've spoken to agrees.' Trump stated that he believes the next Fed chair should consult with him when formulating rate policies.
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Link: Trump: Inclined towards Powell or Hassett to lead the Fed, interest rates should not exceed 1% in a year [Copy]