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."
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Updated: Wed, Dec 26, 2018
09:15 PM IST
09:15 PM IST
Reuters