Jerome Powell, Chairman of the US Federal Reserve, during an economic club event in Chicago in Chicago, Illinois, the United States, on Wednesday, April 16, 2025.
Jimmy Kelter Davis Bloomberg Gety pictures
president Donald Trump On Friday, he issued his last invitation to the United States Federal Reserve To reduce interest rates, better than expected Junction Report For April.
“Just as I said, and we are only in a transitional stage, we just started !!!” Trump wrote in a state of abundance Social truth Minutes after a report on non -agricultural salary statements.
“Consumers have been waiting for years to see prices drop. There is no inflation, the Federal Reserve must reduce its rate !!!” books.
The Labor Statistics Office said on Friday morning that non -agricultural salary statements increased by 177,000 seasonal jobs in April, overcoming Dow Jones estimated at 133,000. The number came below 185,000 revised function to the bottom in March.
The future futures contracts rose After the release.
The post shows that Trump continues his efforts to influence the decisions of the Central Bank, which challenges his long independence from the executive authority.
But he also indicates his criticism of the Federal Reserve Chairman Jerome Powell, whose job has been threatened until recently.
Trump has long criticized Powell and angered him to reduce rates of growth. Economic assistant Kevin Haysit said last month that the White House was exploring the rules under which the president could shoot Powell.
Powell stressed that Trump could not launch legally before his term with the expiration of the Federal Reserve Chair in May 2026. But fears that Trump may still try to replace someone who wants to bend to political pressure on prices, markets and investors around the world.
On April 21, those concerns It raised the sale process Which witnessed both the main indexes and the US dollar ride on the same day.
Since then, Trump said he “has no intention” to shoot Powell, and his criticism has declined.
“I have a nutritional person who does not really do a good job,” Trump said in a march in Michigan on Tuesday, without mentioning Powell by name.
“I want to be very nice and respectful for the federal reserve,” he added. “It is not supposed to criticize the federal reserve; it is supposed to allow him to do something for his own, but I know much more than he does about interest rates, believe me.”
This is urgent news. Please update for updates.
– Jeff Cox of CNBC contributed to this report.
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