Trump Rules Out Firing Powell While Pushing Him to Cut Rates

Fed to Hold Steady, Look to Summer Meetings, Bullard Says

President Donald Trump insisted he doesn’t plan to fire Federal Reserve Chair Jerome Powell despite his sustained criticism over the pace of interest rate cuts.

“Why would I do that?” he said in an interview on NBC’s Meet the Press with Kristen Welker that aired Sunday. “I get to replace the person in another short period of time.”