US president says ‘numbskull’ has ‘done a bad job’
Fed chair Jerome Powell. Photo: Bloomberg
©Reuters
US Federal Reserve chair Jerome Powell is a “numbskull” who has kept interest rates too high, but he will be out in eight months, US president Donald Trump said at a news conference yesterday.
“I think he’s done a bad job, but he’s going to be out pretty soon anyway. In eight months, he’ll be out,” Mr Trump said during a meeting at the White House with Philippine President Ferdinand Marcos Jr.
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