Donald Trump calls Jerome Powell “Mr. is late,” saying that the leader of the Fed is late to the political softening.
US president Donald Trump has increased pressure on the head of the Federal Reserve System (FED) Jerome Powell, demanding an immediate reduction in interest rates. The corresponding post, the American leader published on his own social network society on Monday, April 21.
Thus, Trump called Powell “a good loser” (mainly loser), noting that economic activity in the United States was slow if the Fed did not reduce rates again.
“Many are calling for an initial reduction in bets,” the United States president wrote.
According to him, energy prices, products and most “other things” are reduced.
“Despite the fact that these prices are falling as well as I predict, there may be almost no inflation, but there may be slowing down the economy, if the master is” late “, a big loser, will not reduce rates now,” Trump added.
The next US Federal Reserve meeting will be held on May 6-7.
Remember that on the morning of April 21, the dollar collapsed in world markets because of Trump’s desire to remove Jerome Powell. As you know, the Fed leader will not be submitted to the US president, but the latter may affect the procedure for removing it from the office.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.