The US president sparked market concern earlier this year when he suggested the central bank chief’s termination could not come fast enough
US President Donald Trump on Wednesday knocked Federal Reserve Chair Jerome Powell for what he expected would be a decision not to lower interest rates and said the man he put in the role during his last term had done a poor job.
Trump, speaking to reporters at the White House, mused about appointing himself to lead the US central bank, based on his dissatisfaction with Powell.
“Maybe I should go to the Fed,” Trump said. “Am I allowed to appoint myself at the Fed? I’d do a much better job than these people.”
Trump has long criticised Powell and sparked market concern earlier this year when he suggested the central bank chief’s termination could not come fast enough.
