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US President Donald Trump and US Federal Reserve President Jerome Powell.
Earn McNamee | Anabel Gordon | Reuters
President Donald Trump Friday lobbies his latest criticism of the President of the Federal Reserve Jerome PowellBecause the White House’s dissatisfaction for economic policy leader hits a fever.
During a session with questions and answers on Friday afternoon with reporters, Trump indicated examples of price reduction.
“If we had a Fed chairman who understood what he was doing, interest rates would also decrease,” Trump said. “He has to take them down.”
Trump has long -spores The fact that a Fed, which sets a monetary policy in the US, must reduce interest rates. His last comments come when the White House has accumulated his attacks on Powell in recent days.
White House Economic Advisor Kevin Khasece said on Friday that Trump and his team estimate if they could Remove the chair of FEDS Powell had previously said that he cannot be fired According to the law, it intends to serve by the end of its term as chairman in May 2026.
“The president and his team will continue to study on this issue,” Khaset said in the White House after a reporter questioned whether Powell’s dismissal is an option in a way he hadn’t been before, “according to Reuters.
Trump published In Truth Social on Thursday, “Powell’s termination cannot come quickly enough.” His post included the nickname “Too Late” for Powell, a continuation of Trump’s habit of giving satirical titles to political rivals.
Using the word “termination” raised questions if Trump refers to the potential removal of Powell from his post before graphics. Khasece said the administration will look at if there is a “new legal analysis” on Friday, which will allow Powell’s dismissal.
Powell appeared on Irk Trump after saying on Wednesday The fact that the controversial plan of the president may increase short -term inflation and create challenges for the central bank in high employment rates and price stability. Powell said Trump’s levies – many of whom are At the moment of pause – “It is likely that it will move us further from our goals.”
“We can find ourselves in the challenging scenario in which our dual-men’s goals are in tension,” Powell said in prepared remarks to the Chicago Economic Club. “If this happens, we would look at how far the economy is of each goal and potentially different time horizons, over which the corresponding gaps will be expected to close.”
Powell also said that the Fed was “well -positioned to wait more clarity before looking at any adjustments to our politics.”
The Federal Open Market Committee has its degree of borrowing Is currently directed In the range between 4.25% and 4.5%, where he has settled in December. Fed Futures Futures are priced by more than 90% probability of the central bank holding a stable again at the meeting of its policy next month, according to Fedwatch’s CME tool.
As the Trump team has reduced criticism, some Democrats have affected. Senator Elizabeth Warren, D-Mass. Be terrible For the US financial markets.
“Understand this: if President Powell can be fired by the President of the United States, he will collapse the markets in the United States,” Warren said on CNBC.