Powells

In a notable shift, U.S. President Donald Trump has stepped back from his previous threats to dismiss Federal Reserve Chair Jerome Powell, following a series of pointed criticisms aimed at the central bank leader for his reluctance to cut interest rates. During a press briefing in the Oval Office yesterday, Mr. Trump reassured reporters, saying, "I have no intention of firing him." He further expressed his desire for a more proactive approach from Powell, stating, "I would like to see him be a little more active in terms of…