The President of the United States Donald Trump attacked Jerome Powell again to the President of the American Central Central Bank (Fed), which he tried “too slow“To lower the interest rates of the institution.
“It is more than time than Powell’s mandate (at the head of the Fed, editor’s note) ends“wrote Donald Trump on his Truth Social platform, while Jerome Powell’s second mandate had to end in May 2026. The latter would have”had to lower interest rates for a long time already, like the ECB“, The European Central Bank added the American president, by encouraging Jerome Powell to”do it now“.
Customs duties wanted by Donald Trump place the Federal Reserve (Fed) in the face of a situation “complicated“said Jerome Powell on Wednesday, believing that these surcharges were going”most certainly lead to at least a temporary increase in inflation“. “Oil prices are decreasing, the amount of races (even eggs!) Also, and the United States is enriched thanks to customs duties“replied Donald Trump early Thursday, for whom the boss of the Fed”is always too slow and always wrong“.
The republican leader had already urged Jerome Powell on April 4 to lower interest rates, believing that it would be “The perfect moment“The Fed has maintained its main stable rates, between 4.25% and 4.50%, since the start of the year.
