US President Donald Trump and chairman of the US Federal Reserve Jerome Powell.
Win McNamee Annabelle Gordon Reuters
President Donald Trump On Friday, he lobbyed his last criticism as the chairman of the Federal Reserve Jerome PowellBecause the dissatisfaction of the White House for the Economic Policy Leader hits the fever.
During the Friday afternoon session of questions and answers with reporters, Trump pointed out examples of price drops.
“If we had the Fed chairman who understood what he was doing, interest rates would also fall,” said Trump. “He should bring them.”
Trump has He was arguing for a long time that the Fed, which establishes monetary policy in the US, should reduce interest rates. His latest comments appear when the White House raised his attacks on Powell in recent days.
Economic advisor to the White House Kevin Hassett said on Friday that Trump and his team assess whether they can Remove the Fed chair. Powell said earlier that he You can't slow down According to the law and intends to serve until the end of his term as chairman in May 2026.
“The president and his team will continue to learn this matter,” said Hassett in the White House after the reporter asked if Powell's release “is an option in the way it was not before”, according to Reuters.
Asset Published On the truth on Thursday, “the ending of Powell cannot come quickly enough”. His post included the nickname “Too Late” for Powell, a continuation of the Trump's habit of giving satirical titles to political rivals.
His use of the word “solution” caused questions whether Trump refers to the potential removal of Powell from his post in front of the schedule. Hassett said on Friday that the administration would look at the “new legal analysis” that would allow Powell to shoot.
Powell seemed to irritate Trump Speaking on Wednesday that the president's controversial tariff plan may increase inflation in the near future and be challenges for the central bank in managing the targets of high employment rates and price stability. Powell said Trump's fees – many of which are Currently stops – “They will probably leave us from our goals.”
“We can find ourselves in a difficult scenario in which our double goals are tense,” said Powell in prepared comments before the Chicago Economic Club. “If that happened, we would think about how far the economy is from every goal, and potentially different time horizons over which these appropriate gaps would be expected.”
Powell also said that the Fed was “well prepared to wait for greater clarity before considering any adaptations to our attitude of politics.”
The Federal Committee of the Open Market has a loan rate Currently targeted in the range from 4.25% to 4.5%, where he sat from December. Fed Funds Futures A valuation in more than 90% probability that the central bank re -maintains rates at its political meeting next month, according to Fedwatch CME tool.
Because Trump's team increased criticism, some democrats went to defense. Senator Elizabeth Warren, D-Mass, warned on Thursday that the president released from the head of the Fed, be tragic For American financial markets.
“Understand: if the chairman of Powell may be released by the President of the United States, he will be a catastrophic markets in the United States,” said Warren in CNBC.