Will Trump fire the Fed chief? Speculation grows over Powell's future

Quick Summary:

Mr Trump’s antagonism towards Mr Powell is baffling, given that Mr Powell has been doing an excellent job.

And to Mr Trump’s credit, the leading candidate to replace Mr Powell, Kevin Warsh, is a highly regarded former Fed governor who has consistently been even more hawkish than Mr Powell.

Nearly every Cabinet or staff appointment announced by US President-elect Donald Trump has been met with a predictable wave of media outrage.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Jerome Powell Donald Trump US economy BS Opinion US Federal Reserve

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-03 @ 22:16:19 (6 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 821 words

Reading Time: 5 minutes read

Sentences: 40 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24859767

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About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 327 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #49

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