India, July 3 -- US President Donald Trump on Wednesday reiterated his call for Federal Reserve Chairman Jerome Powell to resign, saying the central bank leader should do so immediately.

Powell, who was nominated by Trump to lead the Fed during his first administration, has been facing pressure from Trump to vacate his position following his reported disagreements with the President over the Fed's inflation policies

Joe Biden, who succeeded Trump after the 2020 Presidential Election, nominated him for a second term.

Trump has previously expressed frustration with Powell's rate hikes and has hinted at replacing him with someone more aligned with his economic outlook.

Amid repeated calls by Donald Trump for Jerome Powell's resignation, ...