India, April 15 -- President Donald Trump stated that he will dismiss Federal Reserve Chair Jerome Powell if he does not resign when his term at the head of the central bank concludes next month.

On being asked about Powell's continuation at the Fed, Trump told Fox Business' Maria Bartiromo that "Then I'll have to fire him." Jerome's chairmanship expires on May 15.

Trump referred to Powell as a "disaster" and was unreserved in addressing the ongoing conflict that has emerged as a new point of contention between the two.

Published by HT Digital Content Services with permission from Hindustan Times....