Trump’s attacks on the risks of the federal reserves of economic risks, Ken Griffin and others warn

President Donald Trump’s push for low interest rates is to attract criticism from allies and opponents alike, which raises new concerns about the independence of the Federal Reserve and the potential risks of the American economy.

On Sunday, Megadonor’s Republican billionaire and CEO of Castle Ken Griffin He wrote an article in the Wall Street JournalThe call to solve interest rates, but warns that the president’s attacks on the President of the Federal Reserve bears “sharp costs”.

“The fugitive inflation during the Biden Democrats administration has cost the 2024 elections. On the right, President Trump has made and managed to take control of a priority,” Griffin said, along with the co -author Anil Kashib, Professor of Business at the University of Chicago.

“But the statements and procedures that undermine the independence of the risks of the Federal Reserve that destroy both higher inflation and long -term rates,” he said. “The president’s strategy of publicly criticizing the Federal Reserve, which indicates the refusal of governors and pressure on the central bank to adopt a more lenient situation towards inflation holds sharp costs. These measures raise inflation expectations, increase market risk installments and weaken investor confidence in American institutions.”

Haysit says it supports the independence of the Federal Reserve amid the Trump rate to reduce the rate

President Trump, President of the Federal Reserve, has increasingly put Jerome Powell at his intersection, describing it as “slow” and “incompetent” and “political motives” in various social positions. The President called on significant price discounts, As well as other cabinet officialsAnd he called for Powell’s resignation.

Griffin, who donated hundreds of millions of dollars for conservative reasons in the last presidential campaign, joins the traditional Republican Party supporters in expressing concerns about tension. When Fox News Digital arrived, Griffin did not have additional comments.

“They must get these contradictions from the road. … They must be firm about it, because if (Trump) then the federal reserve said,” We want a stable dollar, “I think you will see that the dollar is rising in the value of the right reasons, and you will be able to do more cuts in interest rates.”

“The deficit is one thing, but most importantly is how attractive the United States is to foreign investment?” Economist Mohamed El -Erian also said at the “Kudlow” committee. “This is really important. We are now at the forefront of transformational innovations. We are leading the world in those innovations … they can mainly change our growth path.”

World leaders, including European Central Bank President Christine LagardeHe said in a radio interview last week that the unjustified intervention in the federal reserves by Trump could pose serious economic risks to the United States and the rest of the world.

“If monetary policy in the United States is no longer independent and instead it depends on the dictation of this or that person, I believe that the influence on the balance of the American economy can be, as a result of the effects that will have this all over the world, very worrying, because it is the largest economy in the world,” Lagarde said.

Economist and Professor Peter Saint Ong explained the struggle for fox works. “Earn money with Charles Pine,” Saying: “What is happening here is that supporters of the Federal Reserve are concerned that there may be structural damage to the Federal Reserve in this back between Trump and Powell. Therefore, in other words, Trump Powell may keep, but it may cut off the FBI wings, transfer some of his supervision, and perhaps some of his cash appreciation in the cabinet, where, where, more than the voters is supervised.”

“Not so much that they admit that Trump is right,” expanded. “They see a greater threat to the type of federal reserve control over the economy.”

“The amended goal of the Federal Reserve is to set a monetary policy based on what the data shows, and the data clearly shows that the Trump administration policies have quickly tamed the inflation crisis in Joe Biden”, “White House spokesman Kush Disai Tell Fox News Digital Tuesday. “The president and financial markets explain that the Federal Reserve should respond to this objective fact by reducing prices, and providing relief from the interest rates necessary for American families while supporting economic growth and employment.”

Federal Reserve rejected the Fox News Digital request for comment.

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In his closing statements, Griffin, who oversees one of the world’s largest hedge funds, stressed that federal reserve independence is necessary, but only part of the effort needed to strengthen the American economy.

“To put the nation on a better path, the president must press Congress to reduce government spending and progress in reforms that raise the capabilities of long -term growth. Employment.”

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Eric Rafeel in Fox Business contributed to this report.