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President Donald Trump was targeting Jerome Powell once again, calling him “Total stiff” in a new interview, and repeating that there is no intention of competing to the head of the central bank before the end.
In an interview with NBC (CMCSA) Meet the press It broadcast on Sunday, Trump accused Powell that she left her antipathy to the President to influence American monetary policy. Powell said he would still be patient about cutting interest rates and see how things play in front of the following matches Fed this week. The president also used an interview to repeat his frequent rates reduction calls.
“You should lower them. And at some point he wants,” Trump said. “He preferred not because he is not my fan. You know, he just doesn’t like me because I think it’s completely stiff.”
However, in spite of the targeted words (part of Furury Reviews Trump focused towards Powell), the president has appeared to offer his finest statement, and Powell will remain in the role by the end of his term. When asked whether to remove the chair Fed, the trump told, “No, no, no. That was totally – why would I do it? I have to replace the person at the second shorter period of time.”
Powell’s term is in May 2026. years.
Trump appointed Powell as a chair of the Fed during his first term (he renovated the then President Joe Biden), but since then it has been increasingly critical of cautious approach to Central Bank. With an economy showing resistance signs – added now 177,000 nepharms Last month – Fed will be expected to hold rates stable during their policy meeting this week, despite the pressure in installation.
Trump remarks are only the latest in a series he sent to the President Fed – the President He called Powell “Major Loser”. And the markets have dedicated attention, react nervously to Trump frequent criticism. Last month, the stocks crashed after the president escalated his attacks on Powell, which raised concerns about the independence of the central bank and encouraged people to ask Has the president could – Or would – try to remove Powell from his role.
In mid-April, the President wrote on post social media Yes “Powell’s break cannot come fast enough!” And he followed it with oval office remarks that “if I want to, come out, he will be out there, trust me.”
But since then, the White House counselors, including the Secretary of the SCOTT Bessent, reportedly called Trump to stop undermining Powell publicly to avoid the weakening of the market. Bloomberg reported that the Besent and others warned the president who talk about the shooting chair Fed can initiate further financial instability.
2025-05-05 13:52:00