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US President Donald Trump and US Federal Reserve Chairman Jerome Powell.
Win McNamee | Anabol Gordon | Reuters
President Donald Trump Friday lobbying its last criticism in the chairman of the federal reserve serb Jerom PowellAs a dissatisfaction with the White House, the leader of economic policy gets into a fever.
During the session on Friday afternoon with reporters with journalists, Trump pointed out for examples of pricing.
“If we had the chairman of the Fed, who realized what he was doing, interest rates would also decline,” Trump said. “He must knock them down.”
Trump has Long -long arguing The fact that the Fed, which sets the monetary policy in the US, should reduce interest rates. His recent comments came when the White House in recent days strengthened the attacks on Powell.
The White House Economic Advisor Kevin Hasset said on Friday that Trump and his team are evaluated whether they could Remove the chair -stirring. Powell said before that he cannot be fired According to the law, it intends to serve until the end of its term as chairman in May 2026.
“The president and his team will continue to study the case,” Hassett said in the White House after the reporter interrogated whether the fired Powell is the option that it wasn’t, “Reuters reports.
Trump published Truth Thursday on Thursday that “stopping Powell cannot come soon enough.” His post included the nickname “too late” for Powell, the continuation of Trump’s habit gives satirical names to political competitors.
Its use of the word “termination” raised questions when Trump meant the potential removal of Powell from his post earlier than the schedule. Hassette said the administration would consider whether a “new legal analysis” would be allowed to shoot Powell on Friday.
Powell appeared Irk Trump after Speaking on Wednesday The fact that the disputed presidential tariff plan can increase inflation in the near future and create problems for the Central Bank in management of high -level employment and pricing. Powell said Trump’s penalties – many of which are Now on a pause – “Most likely, they give us away from our goals.”
“We can be in a complex scenario in which our goals with a double mandate are in the tension,” Powell said in the prepared remarks before Chicago’s economic club. “If this happened, we would have considered how far the economy is from each goal, and potentially different temporary horizons, which will be assumed that these gaps would be closed.”
Powell also stated that the Fed is “waiting for greater clarity before considering any adjustments to our political position.”
The Federal Open Market Committee has its borrowing level Currently oriented In the range of 4.25% to 4.5%, where it has been since December. Foots Fed Futures Prices for more than 90% Fedwatch CME tool.
As Trump’s team scale criticism, some Democrats went to defense. Senator Elizabeth Warren, Mass Mass be scary for the US financial markets.
“Understand this: if the US president can be fired by Powell’s chairman, he will be emergency markets in the US,” Warren said at CNBC.