The president of the United States, Donald Trump, said in his social network Truth that «Jerome Powell should have lowered interest rates, such as the ECB, a long time ago, But I should undoubtedly download them now. Powell’s dismissal can’t wait! «
The American president has indicated that Powell’s cessation «You can’t get quick enough » And he stressed that the European Central Bank (ECB) will reduce the guys for the seventh time, although he has reproached that Powell should have dropped it «a long time ago.»
And yesterday the president of the Federal Reserve (FED), Jerome Powell, reiterated the importance of the Central Bank closely supervising the impact of tariffs to avoid a persistent increase in inflation.
During his participation in the Chicago Economic Club, Powell emphasized the need to keep long -term inflation expectations anchored y prevent a specific increase in prices It becomes a continuous problem of inflation.
And again, I suggested that I was not in a hurry to lower interest rates in the US. The market already discounts a maintenance of the types on the other side of the Atlantic at the next meeting of the Federal Reserve and its open market committee that will be held in early May.
According to ‘Bloomberg’, Powell’s mandate as president extends until May 2026while his mandate as governor lasts until February 2028.
In recent months, the White House has dismissed senior officials of the Federal Commerce Commission, the National Board of Labor Relations and the Merit Systems Protection Board.