US President Donald Trump on Thursday again criticized the president of the Federal Reserve (Fed) Jerome Powell, calling him a “fool”. He also complained that the Fed did not want to lower interest rates.
“Jerome Powell is a fool who has no idea about anything,” wrote the president USA on your Truth Social portal. “It's like talking to the wall,” he repeated during a press conference in the oval office.
“He is still late, but it doesn't matter much, because our country is strong,” Trump emphasized.
The US Federal Reserve decided on Thursday to extend the status quo in the scope interest rates. In the justification, she stated that she was unable to predict in what direction she would go American economy in the face of duties imposed by Donald Trump.
The head of the Fed “great loser”
Last month, Trump wrote in his social networking site that Powell should immediately reduce interest rates, and called him a “great losing”. He warned that if Powell did not lower interest rates, the economy would slow down significantly.
Earlier, the US President said that Powell could not wait, fueling speculation about the possible dismissal of the president of the Central Bank. Trump also argued that if he wanted to, Powell, whose term ends next year, would leave his position.
Trump appointed Powell as chairman of the FED in 2018 during his first term in the White House. In 2022 Joe Biden He appointed Powell for the second four -year term.
Source of the main photo: PAP/EPA/Will Oliver