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International Business Times
International Business Times
Business

ECB's Lagarde Hopes Trump Won't Fire US Fed Chief Powell

Donald Trump Jerome Powell Christine Lagarde United States European Central Bank CNBC US Federal Reserve
Christine Lagarde said she had 'immense respect' for Fed chair Jerome Powell's work (Credit: AFP)

European Central Bank chief Christine Lagarde said Tuesday that she hoped US President Donald Trump would not oust the country's central bank boss Jerome Powell prematurely.

Her comments came as Trump has escalated attacks on the Federal Reserve chief, most recently berating Powell for not cutting interest rates, days after threatening his job.

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