Powell responds to Trump's attack: Will focus 100% on the Federal Reserve's statutory duties

Odaily Planet Daily News: At the European Central Bank event held in Portugal, someone asked Federal Reserve Chairman Powell whether "US President Trump's frequent personal attacks have made his job more difficult." In response, Powell replied: "I only focus on doing my job well. It is important to use our tools to achieve the goals given to us by Congress: maximum employment, price stability, and financial stability. This is where we are 100% focused." The audience and other participants, including European Central Bank President Lagarde, applauded. When asked later whether he would stay at the Federal Reserve after his term as chairman ends in May next year, Powell said he had no comment today. (Jinshi)