Trump slams Powell, saying termination can't 'come fast enough'

(Reuters) -- U.S. President Donald Trump said on Thursday that Federal Reserve Chair Jerome Powell's termination "cannot come fast enough," while calling for the U.S. central bank to cut interest rates, the sort of pressure that Powell just a day before had pledged to resist as the Fed grapples with an outlook complicated by Trump's own policies.

Trump, in a post on his social media platform Truth Social, reiterated his stance on rate cuts, saying that Powell "should have lowered interest rates, like the (European Central Bank), long ago, but he should certainly lower them now."