Donald Trump says he “has no intention” to launch Jay Powell

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Donald Trump said he “has no intention” to launch US Federal Reserve Chairman Jay Powell, after she indicated that he could establish a sale on the market.

The President has repeatedly struck the Federal Reserve Chairman to reduce interest rates last week that he believed he could refuse P. Before his term as head of the Central Bank in May 2026.

Trump He repeated his complaints that the Federal Reserve needs to reduce borrowing costs in the comments in the Oval Office on Tuesday afternoon, but he added: “I do not want to talk about it because I have no intention to launch it.”

These notes came after severe speculation that the Federal Reserve Chair will be rejected soon because of its refusal to reduce borrowing costs.

American stocks rose in post -working hours, noting great gains for the S&P 500 at the beginning of the trade on Wednesday. The dollar index extended a recovery and increased by 1.1 percent, while the Japanese yen decreased by 1 percent, with one dollar purchased ¥ 142.95.

Investors said that the apparent circulation of the president on Powell proved that there were at least some members of his internal circle who realized that the markets estimate the independence of the main American institutions.

“This indicates that there are some handrails around this president,” said December Mulki, Managing Director of the SLC Management Fund Director. He added: “This looks like (Treasury Secretary Scott).

“It is clear that other people spoke to (Trump) and made it clear that (shooting on Powell) would have caused great fluctuations. BESSENT realizes that the safety of the markets must be preserved.”

Powell repeatedly said that he would serve his full term as head of the Federal Reserve Citizens and believes that his early dismissal will not be allowed under American law.

Investors’ concerns about his term after Kevin Haysit, director of the National Economic Council, said on Friday that Trump would “continue to study” the issue of Powell’s rejection.

Haysit, then President of the Economic Advisors, supported Powell after the Federal Reserve Chairman and Trump during his first term fell as president.

Financial markets were sold on Monday after Trump attacked Powell as “the master is too late” in a post on Social truth The platform, with the dollar drop to the lowest level for a period of three years against a basket of currencies and the S& P 500 index, decreased 2.4 percent.

American stocks and the dollar have largely regained their losses during regular circulation on Tuesday after Bess’s said Trade war with China It was “not sustainable”.

The Federal Reserve was in a collision with Trump a short time ago, but the White House attacks have intensified since the president launched a “mutual tariff” on April 2.

The standards have shown prices, including Powell, that they will postpone anything interest rate Discounts until they trust that Trump’s commercial policies will not lead to a continuous rise in inflation.

The Federal Reserve Chairman and his colleagues also explained their concerns that Trump’s tariff raises the possibility of low growth and high prices, weakening the economy that officials previously said was in good condition.

Trump took the social truth last Thursday, saying that the end of Powell “could not come quickly” after the Federal Reserve Corporation confirmed the previous day that the central bank would not come to save market markets and reduce prices to counter the fears that the definitions will lead the American economy to recession.

Additional reports from George Stir and Peter Wales in New York