Will Donald Trump Fire Fed Chairman Jerome Powell? He Answered

Recently on NBC, elected President Donald Trump confirmed that he did not plan to replace Fed Chairman Jerome Powell when he took office in January.

When asked if he wanted Powell to resign, Trump responded, "No, I don't think so. I think if I told him to resign, he would. But if I asked him to resign, he might not."

These comments indicate a change in speculation about possible conflicts with the FED on monetary policy during Trump's election campaign. The debate over Powell's term and the inflation and interest rate adjustments previously criticized by Trump have dominated the discussions.

Trump reiterated his election campaign promise to impose customs duties on imports from one of the United States' largest trading partners, which is one of the cornerstones of the economic policy aimed at protecting American production. However, he also acknowledged the uncertainties regarding potential consequences for consumers.

When asked whether American families can be guaranteed not to face higher prices due to customs duties, Trump said, "I can't guarantee anything. I can't guarantee tomorrow."