The Trump presidency aimed at the chairman of the Federal Reserve, Jerome Powell, before his certificate of the congress on Tuesday and beat him again because he did not lower the interest rates.
Jerome Powell from the Fed will be in the congress today, among other things, to explain why he refuses to reduce the rate. About the truth social. “No inflation, big economy – we should be at least two to three points lower.
The President also called Powell “Dumb” and “stubborn” in his early fixed rat.
He continues: “If these things have changed into the negative change, reduces the rate. Should activate.”
Powell is to give Congress in front of the House Finance Committee on Tuesday and the Senate’s prohibition committee on Wednesday.
Powell consistently torn the presidency and thought after the decision of the central bank to keep the rats. Trump stated last week that he said to the head of the Federal Reserve and said: “
With less than a year that learned in the term of office of the Fed chairman, President Powell’s order repeatedly threatened, criticized his handling of the economy and accused him of capturing the interest rates to support the democrats.
In the first half of 2025, the Federal Reserve lowered the interest rates in the middle of the imbalance by Trump’s tariff plans and aggression business.
Powell confirmed his call for patience last week after the Fed kept the interest stable again.
“What we wait for what will happen to the tariff inflation.
“Someone has to pay the tariffs … between the manufacturer, the exporter, the intendant, the retailer, ultimately Summarody, who puts him in a good way – or only the consumer who buys them,” added the Fed’s chair.
