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The Independent UK
The Independent UK
Ariana Baio

Trump suggests firing of Fed chair is coming – but he doesn’t have the power to remove him

President Donald Trump lashed out at Federal Reserve Chair Jerome Powell on Thursday morning, suggesting that his “termination” is coming soon - despite having no power to enforce this.

The outburst come less than a day after Powell warned that Trump’s tariffs were “highly likely” to cause inflation and could put the Fed in a “challenging situation” where it’s trying to balance growth and manage inflation.

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