Trump has threatened to fire the chair of the US Federal Reserve. That could be bad news for inflation
- Written by Henry Maher, Lecturer in Politics, Department of Government and International Relations, University of Sydney
US President-elect Donald Trump has repeatedly threatened to fire the chair of the US Federal Reserve, Jerome Powell.
Up until this week, that may have seemed like a distant and outlandish prospect. Now, we again have to take it seriously.
Powell himself certainly is – and has already begun pushing back on the front foot. Responding to the...