Donald Trump turns off the fire. Several sources reported on Wednesday, July 16 that the US president was preparing to say goodbye to the president of the Fed. But the president denied the information, believing that Jerome Powell’s dismissal was “highly unlikely.”
Obviously, and in terms of months, Trump believes that Powell “has been doing a bad job”, but “he is not talking” to say goodbye, he said. “We are not planning to do anything,” he added.
During a press conference, the president of the United States, Trump judged Jerome Powell “[faisait] Bad job “but does not” speak “to say goodbye, after having secured a little before the morning that he thought about it, emphasizing that” he does not deviate anything, but it is very unlikely. “
After several months of hard criticism, the US president seemed to accentuate the pressure on the president of the Federal Reserve (FED) on Wednesday, believing that he could be fired.
The rumor could in the United States an imminent dismissal of Jerome Powell. Republican elected officials near Donald Trump said the president of the Fed was about to be fired.
The New York Times even reported that the US president had already written the dismissal letter and showed it to legislators at a meeting this Thursday.
“A small extension for the Fed”
Donald Trump spoke of an attached reason: the use of the renewal funds of the Fed buildings in Washington, accusing Jerome Powell of not having used the envelope correctly, while the work has already cost $ 2.5 billion, according to the Office of Management and Budget (WBOE) of the White House.
“I would not have imagined that I was going to spend 2.5 billion dollars to build a small extension for the Fed,” said the president of the White House to the press.
Trump Wage War War in “Too Turn Powell”
The performance of US state loans at 30 years was clearly established on Wednesday, crossing the 5%symbolic threshold, after Donald Trump’s new threats for a possible dismissal of the president of the Federal Reserve (Fed) Jerome Powell.
Donald Trump has been criticizing Jerome Powell for several months, whom he nicknamed Powell too late, for not having eliminated the interest rates of the Central Bank when, according to him, inflation is no longer a problem.
Therefore, he called Fed on Tuesday to reduce his guide rates, currently located in a range between 4.25% and 4.50%, three percentage points.
According to the CPI index published on Tuesday, inflation, however, rejected in June, in 2.7%, still far from the 2%price increase, scheduled in the mandate in the US Central Bank.
The Fed has maintained its rates without changes since the beginning of the year in the face of the persistence of inflation.
Source: BFM TV
