THE US Federal Reserve (Fed), especially its chair Jerome Powell, has come under increasing pressure from US President Donald Trump to cut the benchmark Fed Fund Rate (FFR).
While Powell has categorically expressed that he will stay on until his term expires in May next year, the president is just fed up with Powell due to his lack of action in cutting the FFR and has called Powell all sorts of names.
Already a subscriber? Log in.
Subscribe now and receive free sooka plan for 1 month. T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
