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President Donald Trump The chairman of the federal reserve system Jerome Powell again on Thursday, a day after the Central Bank voted in favor of reducing rates because of the economic uncertainty created by tariffs.
Trump – Note Truth be saying: Social post:
“” Too late “Jerome Powell is a fool that has no idea. In addition, I really like it! Oil and energy path down, almost all costs (products and” eggs “) down, virtually no inflation, the tariff money that is poured into the US – exactly opposite” too late! “Enjoy!”
Fed on Wednesday expressed To maintain the interest rate benchmark from 4.25% to 4.5%, where it is stored in three meetings this year since the last reduction in December. It disappointed the president who wants the Central Bank to reduce the rates to resist a possible slowdown economy from the crackdown on his trade policy.
The Fed said it supports the same indicators until the economic forecast becomes a little clearer and that “the risks of increasing the unemployment rate and increased inflation increased.” The Central Bank does not want to reduce the rates when Trump’s tariffs cause inflation.
Paul address Frequent Trump critics and call for briefly reduce rates on a press conference followed by the Fed’s decision, saying that it would not affect the work of the Fed “at all”.
“We will always do the same thing that we will use our tools to increase maximum employment and prices for the benefit of the American people,” Powell said. “We will always consider only economic data, forecast, balance, and all. That’s all we will consider.”
Trump was worried about the markets last month, and investors are afraid that he would try to fire Powell before the chairman of May 2026 ended in May 2026 and threatens the Fed Independence, which many consider to be necessary for the proper functioning of the US financial markets. The comments helped to fueled on the market, which came against the background of its tariffs.
But Trump is in late April – Note He “did not intend” to shoot Powell, comforting investors after he also stopped most of the highest “mutual” duties.
Only last Sunday Trump Off Removing Powell when asked about this on “Get acquainted with the press” of NBC.
“No, no, no … Why do I do it? I can replace a person for another short time,” Trump said.
However, in the same interview, he called Powell “full tough.” Trump initially appointed Powell during his first term as president, and former President Joe Biden again recognized Powell in 2022.
