Trump asks who is bigger enemy, Fed Chair Powell or China's Xi?

  • BY Reuters
  • 10:56 AM ET 08/23/2019

WASHINGTON, Aug 23 (Reuters) - President Donald Trump reacted furiously on Friday after Federal Reserve Chairman Jerome Powell spoke about the trade war with China and economic risks to the United States, asking whether his appointee to the U.S. central bank was a greater "enemy" than China's leader Xi Jinping.

"As usual, the Fed did NOTHING! It is incredible that they can 'speak' without knowing or asking what I am doing, which will be announced shortly," Trump said on Twitter. "My only question is, who is our bigger enemy, Jay Powel or Chairman Xi?" (Reporting by Doina Chiacu and Makini Brice; Editing by Chizu Nomiyama)

Copyright © Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.

News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.