the Head of AMERICA’s central bank, Jerome Powell, says he will not resign. Even if president Donald Trump ask him to do it.
This writes the news agency Reuters.
Trump appointed in February last year Powell as the new head of the central bank.
the President has several times expressed its annoyance over that Powell, along with its board of directors of the central bank has implemented several rate increases.
He has accused Powell of damage to the economic recovery in the UNITED states.
the central Bank raises typically the interest rates when there is too much speed on the economy. Otherwise, it may lead to overheating and a sudden collapse in the economy.
