U.S. President Donald Trump downplayed his clash with Federal Reserve Chairman Jerome Powell over cost overruns during a tour of the central bank¡¯s renovation project on Thursday, making it clear that he saw the issue of lower interest rates as a more pressing concern.
After a tour that saw Trump and Powell publicly trade barbs over the cost of the project, Trump maintained there was ¡°no tension¡± with the Fed chief and indicated that problems with the project probably weren¡¯t reason enough to fire the central bank head.
¡°To do that is a big move, and I just don¡¯t think it¡¯s necessary,¡± Trump told reporters.
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