politics @lemmy.world · 11 months ago

Trump accuses Fed, Powell of creating inflation on heels of rate decision

www.cnbc.com

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Trump accuses Fed, Powell of creating inflation on heels of rate decision

www.cnbc.com

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politics @lemmy.world · 11 months ago

Trump, who appointed Jerome Powell as Fed chair, has called for lower interest rates and said the president should get a say on the Fed's rate decisions.

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  11 months ago
  The president may not have the legal authority to dismiss a chairman before the end of a term, although this assumption has never been tested in court.
  
  I wonder what will happen.

politics @lemmy.world

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