The resignation comes as President Trump has been openly pressuring the central bank to lower interest rates and calling for Jerome H. Powell, the chair, to step down.

The U.S. central bank is widely expected to hold interest rates steady for a fifth straight meeting despite badgering from President Trump to lower borrowing costs.

Fed chair Jerome Powell has been subjected to vicious verbal attacks by Trump for months for not cutting short-term interest rates.

Her resignation now paves the way for Trump to put his own nominee in for the Board of Governors.

The resignation comes as President Trump has been openly pressuring the central bank to lower interest rates and calling for Jerome H. Powell, the chair, to step down.

The resignation comes as President Trump has been openly pressuring the central bank to lower interest rates and calling for Jerome H. Powell, the chair, to step down.

El presidente podría designar a un sustituto que se amolde a su petición de rebajar los tipos, en la cuenta atrás del relevo de Powell

Il presidente: «Lo rimuoverei in un batter d’occhio, ma dicono che ciò disturberebbe il mercato, e lui se ne andrà tra sette o otto mesi e io metterò qualcun altro al suo posto»