United States President Donald Trump and United States Federal Reserve President Jerome Powell.
Win McNamee | Annabelle Gordon | Atmosphere
President Donald Trump On Friday he made his last criticism to the President of the Federal Reserve Jerome Powellsince the displeasure of the White House for the leader of economic policy reaches a fever.
During a Friday afternoon questions and answers with journalists, Trump pointed out examples of price down.
« If we had a Fed President who understood what he was doing, they would also reduce interest rates, » said Trump. « I should go down. »
Trump has it Long argued That the Fed, which establishes monetary policy in the United States, should reduce interest rates. His latest comments occur when the White House has affected Powell attacks in recent days.
White House economic counselor Kevin Hassett said on Friday Trump and his team are evaluating if they can Remove the powered chair. Powell has previously said that he cannot say goodbye Under the law and the intention of serving until the end of his term as a chair in May 2026.
« The president and his team will continue to study this topic, » Hassett told the White House after a journalist became doubtful if shooting Powell « is an option so it wasn’t before, » according to Reuters.
Trump published On Thursday to the social truth that « Powell’s termination cannot be quick enough. » Its publication included the nickname « too late » by Powell, a continuation of Trump’s habit of giving satirical titles to political rivals.
Its use of the word « termination » raised questions as to whether Trump referred to the possibility of removing from Powell from his site before expected. Hassett said on Friday that the administration will see if there is « new legal analysis » that would allow Powell to shoot.
Powell appeared in Irk Trump after saying Wednesday That the controversial short -term inflation and creating challenges for the Central Bank to management of the objectives of high labor fees and prices stability can increase the controversial short -term inflation. Powell said Trump’s rates, many of which are Currently pausing – It is likely that it will move us away from our goals. «
« We can find ourselves in the difficult scenario in which our double-man’s goals are in tension, » Powell said in observations prepared before the Chicago Economic Club. « If this happened, we would consider the extent to which the economy of each goal and the potentially different time horizons of which those respective lagoons were expected to be closed. »
Powell also said that the Fed was « well positioned to expect greater clarity before raising the adjustments to our political position ».
The open market federal committee has its loan rate Currently directed In a range between 4.25% and 4.5%, where it has been since December. Food future funds are priced at more than 90% of probabilities for the Central Bank to keep the rates again at the policy meeting next month, according to Fedwatch tool of CME.
As the Trump team has increased criticism, some Democrats have been defenders. Senator Elizabeth Warren, D-Mass. Be two For US financial markets.
« Understand this: If President Powell can be fired by the President of the United States, markets will be needed in the United States, » Warren told CNBC.
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