Donald Trump criticizes a federal spare chair as a European central bank, cut interest rates – LIVE Business star-news.press/wp
Donald Trump says the end of the Jerome Powell’s mandate as Fed Stocking ‘can’t come fast enough’
Donald Trump is awake. And it was difficult to criticize the Federal Reserve Monetary Policy, saying that the end of the Jerome Powell’s mandate as a chair “cannot come fast enough.”
In the post on the social network, the social network he owns, Trump said that Powell was the pressure of interest rates – contrasting his hesistical, due to the perceived inflationary pressures with the European Central Bank (ECB).
ECB is due to reducing interest rates on the seventh time this year in order to make efficient economic growth.
Powell raised Trump with a warning last night to make mass tariffs white houses could raise inflation. This would make it even hesitant to reduce interest rates.
Trump said:
The ECB is expected to reduce the interest rates at 7. The road, and yet, “too late” Jerome Powell Feda, which was always too late and incorrect, yesterday was a report that was another, and typical, complete “mess!” Oil prices are downstairs, foods (even eggs!) Are down, and now they are enriched on tariffs. It should be able to reduce interest rates, such as ECB, long ago, but it should certainly lower them now. Powell’s break can’t come fast enough!
Key events
“StableCoins” are in the ‘very separate category’ for Crypto, says Christine Lagard, the question of us efforts on the promotion.
StableCoins are like cryptourrence, but they are fed to existing property, which means that they are usually much less volatile and risky.
The ECB first referred Digital EURO in its statement of monetary policy, statement of its intention to move forward with that, says Lagard.
Christine Lagard says, “I have a lot of respect for my esteemed colleague and my friend, Jerome Powell.”
The relationship will continue on “inappropriate and unchanged mode,” says, despite Donald Trump’s efforts to press Powell into cutting interest rates.
Christine Lagarda says Europe is facing tariffs that rose from 3% to about 13% on the goods exported to the United States.
It is a “negative demand shock”. Some uncertainty will remain several months, says Lagard.
It will negatively be a negative impact on growth, possible.
A few months ago, there were several governors who would vote for “skip” – not cutting interest rates at this meeting – and others who may have voted for 50 base points, says Christine Lagard.
But it was unanimous in favor of 25 basic points, she says.
Christine Lagarda says we should not read anything into removing a sentence about how restrictive policy is.
It is a bit technical, but essentially says that the verdict relies on the work of a neutral interest rate, on which monetary policy is neither narrow or loose. But the working hours of the neutral rate does not work when the economy is hit by shock. She says:
Anyone in this room thinks that we are in the world without shock, whether I would suggest raising my hands or examined with my head.
It is more important than ever being dependent on the data in the period of insecurity, she says.
Tariffs are a negative shock of demand, but there are “different views” on how tariffs will play for inflation, says Christine Lagard.
The net influence on inflation will become clearer over time, it says – a rather unfamiliar response to the crucial judgment for the ECB.
The decision to reduce interest rates for 25 databases (0.25 percentage points) was “unanimous” – although the ECB Administrative Council considered other possibilities, says Lagard.
No one argued for a larger cut rate, says Lagard.
Banks become more concerned about the economic risks faced by their customers, says Christine Lagard.
ECB is determined to ensure that inflation falls “sustainable” to 2%, but will remain “dependent on the data,” says Lagard. Now on the questions.
Christine Lagard suggests that trading tensions can push inflation up or down.
Tariffs add costs, but the trade diversion could also lower prices, warns.
The main escalation in trade tension can withdraw growth, says Lagard.
Can make companies less willing to invest and consume, she adds.
However, increasing the consumption of defense and infrastructure could be added to grow.
Lagarda says that most economic indicators indicate the return of fundamental inflation to a 2% goal by 2%.
Christine Lagarde says the economic prospects flew the “exceptional uncertainty”
Christine Lagarde says the economic prospects flown with “exceptional insecurity,” by stating “new trafficking barriers” in the Fatty Rat Rat Donald Trump.
Consumers can keep consumption as it becomes more careful, she says.
The economy probably grew in the first quarter of the year, and the production showed signs of stabilization.
2025-04-17 13:11:00
