President Donald Trump stated on Friday he had an excellent assembly with Federal Reserve Chair Jerome Powell and obtained the impression Powell may be able to decrease rates of interest.
“We had an excellent assembly … I believe we had an excellent assembly on rates of interest,” Trump informed reporters.
Trump clashed with Powell throughout a uncommon presidential go to to the U.S. central financial institution on Thursday, and criticized the price of renovating two historic buildings at its headquarters.
Trump, who known as Powell a “numbskull” earlier this week for failing to heed the White Home’s demand for a big discount in borrowing prices, stated he didn’t intend to fireplace Powell, as he has incessantly recommended he would.