After enduring months of Trump's attacks, his Fed chair gets his chance to respond - Lebanon news - أخبار لبنان

After enduring months of Trump’s attacks, his Fed chair gets his chance to respond

After enduring months of Trump’s attacks, his Fed chair gets his chance to respond

Washington (CNN)President Donald Trump has spent months attacking his own Federal Reserve Chairman Jerome Powell, accusing the former investment banker of trying to undercut him politically by raising interest rates and slowing down the economy.

On Wednesday it’ll be Powell’s turn to respond.
Trump’s unprecedented public pressure campaign on the Fed — which previous presidents have purposefully left alone as a way to reassure markets that politics isn’t coloring economic decision-making — has put Powell in an awkward position.

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