Donald Trump is set to make the first visit by a sitting president to the US central bank in roughly two decades as his pressure on the Federal Reserve intensifies.
Trump will tour buildings undergoing a $2.5bn (£1.8bn) renovation, which the White House has accused Fed chairman Jerome Powell of mismanaging.
The attack is the latest in a drumbeat of criticism Trump has mounted against Powell, who Trump says is moving too slowly to cut interest rates.
He has repeatedly floated the possibility of firing Powell, only to quickly disavow the idea, which analysts say would rock financial markets and spark a legal battle.
Trump’s visit would mark only the fourth visit by a president to the Fed in recent history and the first since former president George W Bush attended the swearing-in of Ben Bernanke as Fed chairman in 2006.
It comes ahead of the Fed’s meeting in Washington next week, where policymakers are widely expected to vote to leave interest rates unchanged.
A spokesperson for the Fed said it was “working with the White House to accommodate their visit”.
Source- BBC
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