The president of United States, Donald Trump, He said that I had no intention of disqualify to the president of the Federal reserve (Fed), Jerome Powell, who has urged to lower the interest rates to avoid slowing the country’s economy.
I have no intention of saying goodbye, ”Trump told the press in the Oval Office.
The comments mark a change in the position of the US president who requested last Thursday the dismissal of the Federal Reserve’s head, after ensuring that he has acted “too late and wrong” in terms of inflation.
Trump dispatched against Powell in a message on his social social network social in which he described Powell – who has defended the independence of the Central Bank – of “Lord Tardón” and a “great loser”, and said that “many are claiming preventive cuts in interest rates” because they are lowering the costs of energy.
The president redoubled his attack on Monday, when he urged the Chief of the Fed to lower interest rates to avoid the slowdown of the economy, not to mention his aggressive tariff policy, who has triggered a commercial war with China, and that he is pressing prices.
“I would like to see him (A Powell) a little more active in terms of his idea of lowering interest rates,” Trump insisted on Tuesday at a Juroration of Paul Atkins as president of the Stock Exchange and Securities Commission (SEC, in English).
-“It is the perfect time to lower interest rates,” insisted the US president.
Trump has had a difficult relationship with the Chief of the Fed despite the fact that the president nominated him for that position in his first term.
Powell has insisted that the president does not have the authority to fire him, except for “justified cause”, for example misconduct.
The Commercial War Unleashed by Trump he has been pressing it in recent days, a CNBC survey revealed over the weekend suggested that its tariff policy is mellating its popularity, with its worst approval figures in economic matters of its presidential career (55 % suspend it) and a clear discontent in its inflation management (60 % suspend it).
This Tuesday the US president told journalists in the Oval Office that the 145 percent tariffs that imposed on Chinese imports eventually “will be reduced substantially” and was optimistic about the possibility of reaching an agreement between the United States and China.
With EFE information
