US President states that the media “hurries” things and only expects Powell to be more “active” in the reduction of interest
The president of the United States, (Republican Party), said in the 3rd (22.abr.br.2025) that he does not think of dismissing the president of (Federal Reserve, the US Central Bank) Jerome Powell.
In a statement at the White House, the Republican said that “never” He had plans to dismiss the head of the American bank. Trump said he only expects Powell to be more “active” in the plan to cut the US interest rate.
“This is the perfect time to cut the interest rate, if he doesn’t make it the end? No, it won’t, but it would be a good time would be, it’s something that should have been done before. I have no intention of dismissing him.”Trump told journalists at the White House.
Last week, the Fed President criticized the Republican’s tariff to US business partners. Powell said the taxation would lead to worsening inflation and that the Central Bank would act when there was more “clarity” in the measurements.
Trump returned criticism to Powell by stating that not reducing the country’s basic interest rate.
“With costs falling substantially, as I predicted that they would fall, there should be no inflation, but it may have a slowdown in the economy less than Mr. too late [Powell], A great loser, lower the interest rate now ”the Republican in the Truth Social Network.
Communication error
Despite Trump’s statement that he at no time planned to dismiss the Fed President on Friday (18.ABR), White House, Kevin Hassett’s economic advisor, had said that the Republican was studying Powell.
US newspapers also discussed the resignation of the economic leader. Because of the uncertainties of Powell’s departure, US bags fell over 3% at the end of Monday (21.abr).
On the rumors fueled by the government itself, the Republican stated that the media “Hurry things”.
