Among the central bank patterns, we use the elbows. Questioned on Tuesday, April 22 by the American Media CNBC, the president of the ECB Christine Largarde, said that the dismissal of his fed counterpart “was not on the table.”
For several weeks, the US president has been following the attacks against the head of the US Central Bank, Jerome Powell. Donald Trump was still attacked on Monday by accusing him of reducing his rates and treating him with “great loser.”
“I hope it’s not a risk”
To the question of whether the scenario of a dismissal of Powell could represent a risk to the markets, Christine Lagarde replied: “I hope not (…) I hope it is not a risk.” He added that he would not comment on the implications in the markets.
Donald Trump himself appointed Jerome Powell during his first presidential mandate, but is now trying to find out if the Fed Chief can be legally fired before the expiration of his mandate.
Source: BFM TV
