US Secretary of Commerce Howard Lutnick said in an interview on Wednesday evening local time that Federal Reserve Chairman Jerome Powell “must leave.” “He either quits his job or is replaced by someone else,” Lutnick said. Lutnick reiterated the need to lower interest rates.

US Secretary of Commerce Howard Lutnick said in an interview on Wednesday evening local time that Federal Reserve Chairman Jerome Powell “must leave.” “He either quits his job or is replaced by someone else,” Lutnick said. Lutnick reiterated the need to lower interest rates.