Trump discussed the dismissal of the US Federal Reserve's president, according to the agency – Economics



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US President Donald Trump has envisioned firing President of the Federal Reserve (Fed), Jerome Powell, and published Saturday Bloomberg citing sources.

Trump's frustration with the director of the US central bank rose after soaring interest rates this week and months of losses on stock markets, according to the agency's press, which attributed information to sources close to the case. .

In recent days, the US President has repeatedly considered in private discussions the possibility of returning Powell, said the report, citing two sources of this type.

According to Bloomberg a spokeswoman for the White House would make no comment, any more than the spokeswoman for the Fed, Michelle Smith.

The Fed raised interest rates on Wednesday for the fourth time in 2018, signaling "a further gradual rise in rates" thereafter.

Global financial markets, including Wall Street stock indices, are waiting for an additional sign of easing interest rate policy.

The Dow Jones index had the worst week since the 2008 financial crisis, while the Nasdaq has consolidated a prolonged downward trend.

Any attempt to revoke Powell can be seen as an attack on the Fed's independence from the government.

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