Trump reportedly remains livid at Fed despite dovish policy shift
President Donald Trump remains livid with the Federal Reserve and its leader Jerome Powell despite the dovish policy in 2019, according to several reports.
That call took place on March 8 after the surprisingly soft February employment data was released, the report said.Axios reported Wednesday that Trump has mused whether he could replace Powell with former Fed Governor Kevin Warsh.Trump announced last month that he would nominated Stephen Moore, a former op-ed writer with the Wall Street Journal, to a seat on the Fed. Moore had called on the president to fire Powell.
But since the Fed’s meeting last month, even the most dovish Fed officials have dismissed calls for immediate interest rate cuts.
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