Trump says he won’t fire Powell, but again demands rate cut

fortune.com/2025/06/12/trump-fire-powell-rate-cut-fed-inflation

President Donald Trump reiterated Thursday he did not plan to fire Federal Reserve Chair Jerome Powell, days after saying he would “soon” pick his nominee to lead the central bank next.
“The fake news is saying, ‘Oh, if you fired him, it would be so bad, it would be so bad.’ I don’t know…

This story appeared on fortune.com, 2025-06-12 21:07:21.
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