Skip to main content

SFGATE: Sources: Trump discusses firing Fed chair after latest rate hike

Sources: Trump discusses firing Fed chair after latest rate hike
Published on December 22, 2018 at 09:42AM by Jennifer Jacobs, Saleha Mohsin and Margaret Talev, Bloomberg
(Bloomberg) -- President Donald Trump has discussed firing Federal Reserve Chairman Jerome Powell as his frustration with the central bank chief intensified following this week’s interest-rate increase and months of stock-market losses, according to four people familiar with the matter. Advisers close to Trump aren’t convinced he would move against Powell and are hoping that the president’s latest bout of anger will dissipate over the holidays, the people said on condition of anonymity. Some of Trump’s advisers have warned him that firing Powell would be a disastrous move. Yet the president has talked privately about firing Powell many times in the past few days, said two of the people.
Labels:

Comments

Post a Comment

Popular posts from this blog

Global Health Issues

Global Health Issues        Info: Despite incredible improvements in health since 1950, there are still a number of challenges, which should have been easy to solve. Consider the following....     One billion people lack access to health care systems... 36 million deaths each year are caused by noncommunicable diseases, such as cardiovascular disease, cancer, diabetes and chronic lung diseases. This is almost two-thirds of the estimated 56 million deaths each year worldwide. (A quarter of these take place before the age of 60.) Cardiovascular diseases (C V Ds) are the number one group of conditions causing death globally. An estimated 17.5 million people died from C V Ds in 2005, representing 30% of all global deaths. Over 80% of C V D deaths occur in low- and middle-income countries. Over 7.5 million children under the age of 5 die from malnutrition and mostly preventable diseases, each year. In 2008, some 6.7 million people died of infectious diseases alone, far more than the
1 comment
Read more

World Education Report

The World Education Information Report’s focus on education as a basic human right is a fitting choice for the International Year for the Culture of Peace. Education is one of the principal means to build the‘defenses of peace’ in the minds of men and women everywhere – the mission assumed by UNESCO when the Organ- ization was created more than half a century ago. The twentieth century saw human rights accepted worldwide as a guiding principle. Our ambition for the new century must be to see human rights fully implemented in practice.       This is therefore a good moment for the inter- national community to reflect on its understand- ing of, and commitment to, the right to edu- cation. Education is both a human right and a vital means of promoting peace and respect for human rights and fundamental freedoms gener- ally. If its potential to contribute towards build- ing a more peaceful world is to be realized, edu- cation must be made universally available an equally accessible to all
1 comment
Read more

Tips for Health Care and Guide

Professionals. Guidance notes on the Muslim fast during Ramadan The Muslim fast during the month of Ramadan provides  an opportunity for health professionals to promote  health improvement among Muslims by offering lifestyle  advice on topics such as diet and smoking cessation.        It is important to recognize  that the Muslim community,  like any other, is diverse. This results in differences of  perception and practice among Muslim patients. The  start of Ramadan advances 11 days every year as it is  based on a lunar calendar and will sometimes fall in the  summer months, resulting in a more onerous fast than  when it is in the winter months. In 2007 Ramadan starts  in mid-September.      Fasting during Ramadan is intended as a discipline and  requires abstinence from anything taken orally during  the hours of daylight, each consecutive day for a month.  This includes water and smoking. Bleeding will also  preclude the fast for that day. Fasti
2 comments
Read more