Trump calls on Federal Reserve Chairman Jerome Powell “a fool” after the central bank maintains fixed rates again

President Donald Trump, Federal Reserve Chairman Jerome Powell, mocked on Thursday, a day after the central bank voted on not declining prices due to the economic uncertainty resulting from the customs tariff.

Trump He said In fact, social:

Federal Reserve on Wednesday voice To keep the standard interest rate between 4.25 % to 4.5 %, the range in the three meetings has kept this year since the last cut in December. This president, who wants the central bank to reduce prices to confront the potential slow economy due to the offering of its commercial policies.

The Federal Reserve said it was keeping the same rates until the economic view became more clear and that “the risks of high unemployment and high inflation had increased.” The Federal Reserve does not want to reduce interest rates if the Trump tariff ends with inflation.

P. to treat Trump’s repeated criticism and call for a short period of price decreased at a press conference that followed the decision of the Federal Reserve, saying that it will not affect the job of the Federal Reserve Bank “at all”.

“We will always do the same, which is that we will use our tools to enhance the maximum employment and price stability for the benefit of the American people,” said Powell. “We will always look at economic data, expectations and risk balance and that’s all. That’s all we will look.”

Trump disturbed the markets last month with investors’ fear that he would try to launch Powell before his term with the end of the chair in May 2026, a step that would threaten the independence of the federal reserve that many see as necessary for the correct performance of the US financial markets. The comments helped fuel the sale of the market that came amid its implementation of severe definitions.

But Trump is in late April He said He had no “intention” to shoot Powell, which relieves investors because he stopped most of the severe duties.

Last Sunday, Trump I was excluded Powell removal when he was asked about this “Meet The Press” from NBC.

Trump said: “No, no, no … Why do I do that? I will replace the person in another short period of time,” Trump said.

Although the same interview described Powell as “very hard.”