President Donald Trump on Tuesday backed off from threats to fire Federal Reserve Chair Jerome Powell after days of intensifying criticisms of the central bank chief for not cutting interest rates. "I have no intention of firing him,

WASHINGTON (AP) — President Donald Trump said Tuesday he has no plans to fire Federal Reserve Chair Jerome Powell, just days after his statement that he would like to terminate the head of the U.S. central bank caused a stock market selloff. “I have no intention of firing him,” Trump told reporters.

US-Präsident Donald Trump hat laut eigenen Angaben keine Absicht, den Chef der US-Notenbank, Jerome Powell, zu entlassen. Er sei jedoch frustriert darüber, dass die Zentralbank die Zinsen nicht schneller senke.