Trump urges the Federal Reserve Chairman to reduce the interest rate

president Donald Trump Urging Federal Reserve president Jerome Powell To reduce Useful interest rates With a full percentage, although there is better than expected Junction Report Friday.

Trump, who regularly relieves Powell, has argued over rates, even when he confirmed that the American economy “is doing significantly.”

“Go for a full point, missile fuel!” Trump wrote in a Social truth mail.

The markets expect that there will be almost zero chance of any reduction – much lower than the 1st point 1 – following the next meeting of the Federal Open Market Committee later this month.

Reducing the rates of the Federal Reserve by a full point in total during the president Joe BidenLast year in the office.

The last time the central bank reduced one price from a full percentage in March 2020 to address economic repercussions from the start of the Covid-19s.

The last blow to Powell in Powell came after the work statistics office informed that the employment of the United States in May was rising more than expected.

Non -agricultural salaries rose 139,000 for this month, as Dow Jones estimated at 125,000.

Analysts were preparing for a weaker result that would reflect the influence of TROMP tariff policies, and other signs of the economy to slow down.

Trump complained on Friday that other major central banks reduced their prices while the Fed Bank had stood up.

Politics makers that feed that Trump’s tariff can cause an increase in inflation.

The European Central Bank earlier this week reduced its record price at a quarter of a point – its eighth decline since last June. The European Central Bank indicated that this is the final reduction this year.

The European Central Bank reduced the idea that inflation and economic growth were weakening.

in Follow -up messageTrump has argued that the discounts would enable the United States to reduce long and short -term rates “on the debts that come due.”

The president added that if he should be tightened by inflation, Powell may have increased rates of response rates.

“It costs our country wealth,” Trump wrote about Powell.

“Borrowing costs should be much lower !!!”

Trump excavated his last request with the same insults that he was targeting by the Central Bank President.

“It is too late” at the Federal Reserve Disaster! Trump said about Powell.

The president added that the US economy was only prosperous “though.”

Before the job report on Friday, traders were looking to reduce the next interest rate to come in September.

However, the possibilities of this decreased after the report, which also indicated that the average wage in the clock grew at an annual rate of 3.9 % and 0.2 Celsius more than expected.

Before Friday, merchants estimated the chances of discounting rates in the Federal Reserve in September at about 74 %. This decreased to about 62 % after the report.

Traders are now giving only 22 % chance that the Federal Reserve reduces prices more than twice by the end of 2025, according to CME data.