Donald Trump threatened to dismiss the president of the American central bank (Fed), Jerome Powell, who refuses to lower the interest rates of the institution. The head of state believes that he should “have had to lower interest rates for a long time already, like the ECB”. © Chris Kleponis/CNP/Bloomberg/Getty Images – Donald Trump strongly criticized the President of the American Central Bank (Fed), Jerome Powell, threatening him to dismiss him. Save save receive Donald Trump’s Donald Trump alerts from Donald Trump. The American president again attacked this on Thursday, April 17 on the President of the American Central Bank (Fed) Jerome Powell, who refuses to lower the institution rates on Thursday, April 17 on Thursday April 17, who will leave if I ask him “. “I’m not happy with him. I let him know and if I want him to leave, he will go quickly, believe me, “he said in the oval office, alongside the Italian Prime Minister Giorgia Meloni.” It is more than time that Powell’s mandate ends, “wrote Donald Trump on his social social platform earlier in the day, when the second mandate of the president of the Fed must be in May 2026. Interest for a long time already, like the ECB, “added the American president, by encouraging Mr. Powell to” do it now “. ECB officials, who meet every six weeks, have just agreed on a drop of 0.25 points from the key rates to strengthen the economy of the euro zone. To read also: Customs rights: in 24 hours, Donald Trump returns the table “The perfect moment” to lower the presidents Christine Lagarde said this Thursday that the ECB had to “face the unpredictable” and be “agile”, judging impossible to engage in advance on an uncertain trajectory in the uncertain context of trade war carried out by the United States. She also posted her solidarity with her counterpart from the American central bank, for whom she said she had “a lot of respect”. The customs rights wanted by Mr. Trump place the federal reserve in the face of a “complicated” situation, said Wednesday Mr. Powell, believing that these surcharges were going to “most certainly lead to at least a temporary increase in inflation”. “Oil prices are declining, the amount of prices (even eggs!) Also, and the United States enriched thanks to customs duties,” Trump replied early Thursday, for whom the boss of the Fed “is always too slow and is still wrong”. The Republican leader had already urged Mr. Powell on April 4 to lower interest rates, when it would be “the perfect time”. The Fed has maintained its main stable rates, between 4.25% and 4.50%, since the start of the year. Read also: Customs rights: China asks Trump to “completely cancel” reciprocal rights An independent agency drops in oil braked inflation in March, with the consumer price index which fell 0.1%, after an increase of 0.2% in February. The index was pulled down by lower prices at the pump: -6.3% over a month and -9.8% over one year. This has confirmed the White House in its customs policy, while economists could suffer a revival of inflation due to the new customs duties set up by Donald Trump. However, in March, the surcharge on products imported into the United States had not all entered into force. Since then, and despite spectacular reversals, the United States strikes foreign products of 10% additional customs duties, and those from China from a 145% punitive surcharge. Donald Trump appointed Jerome Powell to the head of the Fed during his first mandate, in 2018, but today accuses him of politicizing the American central bank. He was renewed at the head of the Fed in 2021 by Joe Biden for a second term. Last August, in the middle of the electoral campaign, Donald Trump threatened the agency’s independence, suggesting that the White House could have his say regarding monetary policy. Read also: in his first speech as an ex-president, Biden accuses Trump of favoring the billionaires the American president does not have the power to read the patterns of the Fed directly. To try to remove Jerome Powell, Donald Trump should start a long procedure and prove that the latter has committed a serious fault. If it is not uncommon for the American presidents and patterns of the Fed opposing the monetary policy to follow, any attempt to dismiss Jerome Powell of his functions would be unheard of in contemporary American history. The interested party said in early April that he intended to “stay in office until the end of (sound) mandate” in 2026. Receive our latest news every day, the selection of the main news of the day. (tagstotranslate) Donald Trump
