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Amid row, Trump likely to meet US Federal Reserve Chairman Jerome Powell

The Fed's independence is seen as a pillar of the US financial system

Jerome Powell
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Federal Reserve Chairman Jerome Powell arrives to take the oath of office at the Federal Reserve in Washington

Reuters
The advisors of President Donald Trump have discussed arranging a meeting between him and the Federal Reserve Chairman Jerome Powell in the coming weeks, the Wall Street Journal reported, citing a source.

Trump has recently been critical of the Fed for raising borrowing costs this year, especially as the US stocks have tumbled, and yields on the US government debt have begun to signal a possible recession ahead.


Trump has frequently attacked Powell, who was sworn in as Fed chairman last February. Reuters

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