Fed chair’s job is not in jeopardy, White House adviser Hassett says
U.S. Federal Reserve Chairman Jerome Powell`s job is not in jeopardy, White House economic adviser Kevin Hassett said on Wednesday, following President Donald Trump`s repeated criticism of the central bank and Powell for raising interest rates.
Asked by reporters at the White House if Powell`s job was safe, Hassett said: "Yes, of course, 100 percent." Asked again if Powell`s job was not in jeopardy from Trump, Hassett said: "Absolutely."
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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