According to a report by CNN, on April 22nd local time, U.S. President Donald Trump said that he had no intention of firing Federal Reserve Chairman Jerome Powell.
Just the day before, Trump posted on social media that Powell was a "big failure," and implied that he would fire Powell.
Trump's trade war with China has caused fluctuations in the U.S. stock market. Recently, Trump has been pressuring Powell to cut interest rates. However, Powell stated that he would not rush or act rashly on this matter.
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