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Federal Reserve Chair Powell under Don fire

The Morning Standard

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April 18, 2025

PRESIDENT Donald Trump slammed Federal Reserve Chair Jerome Powell on Thursday, reiterating his frustration that the Fed has not aggressively cut interest rates and saying that the central bank leader's "termination cannot come fast enough".

Federal Reserve Chair Powell under Don fire

Trump hinted at moving to fire Powell, whose term does not expire until next year. The Republican president's broadside comes a day after Powell said in a speech that Trump's broad-based tariffs have left the Federal Reserve seeking "greater clarity" on the impact of policy changes in areas such as immigration, taxation, regulation and tariffs before making the move on interest rates.

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