Donald Trump denied a report about plans to fire Federal Reserve Chairman Jerome Powell, yet criticized him for doing a terrible job with interest rates. Although Trump indicated no immediate actions would be taken, he referred to Powell as a 'knucklehead' and suggested dissatisfaction with the current state of interest rates. He mentioned the opportunity to make a change in the Fed's leadership in the next few months while emphasizing the need for a fair performance and lower rates for the betterment of the country.
Trump criticized Powell, stating he's always been too late with interest rates. He expressed dissatisfaction with Powell's performance, labeling it as a terrible job.
Trump denied any immediate plans to fire Powell, but he also called Powell a knucklehead, emphasizing the need for fair job performance and lower interest rates.
He indicated that there could be a change in the Federal Reserve in the coming months, aiming to select someone who will prioritize lower interest rates effectively.
Despite denying the report about Powell's firing, Trump did not completely rule out the possibility, pointing to potential fraud in a Federal Reserve renovation project.
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