Trump says preferred Fed pick is ready, again teases firing Powell

US President Donald Trump teased that he has a preferred candidate to be the next head of the Federal Reserve but is in no hurry to make an announcement while also musing that he might fire the central bank’s current leader, Jerome Powell. “I do, still do – hasn’t changed,” Trump said at a press conference on Monday, when asked if he has a favourite candidate. “I'll announce him at the right time. There’s plenty of time.” Trump added that Powell “should resign” and that he would “love to fire...