Trump strikes Jerome Powell on interest rates: “Like talking to the wall”

President Trump connected the Federal Reserve Chairman Jerome Powell on Thursday to not listen to his payment to reduce interest rates, after the central bank again chose to maintain interest rates this week.

Trump was asked about Powell after he told the Federal Reserve Chairman one day of the reporters that he had not asked for a meeting with the president and he “would not.”

When asked if he was planning to try to meet Powell, Trump replied, “It is like speaking to the wall.”

This laughed at the Minister of Commerce, Howard Lottenic and Vice President Vance, who led to Trump in the Oval Office after a announcement on a trade agreement with the United Kingdom.

“Well, the Bank of England lower, China lowering, and everyone was lowered,” “We will see what is happening. It is a shame. I call it” it is too late, “Trump said.

“After it is too late, this is his title. It is a shameful matter. It is ridiculous.”

Nevertheless, the president described a strong economy and said that the cut rates will not matter much.

“In this case, it will not be much, because our country is very strong; we are strong in terms of economic power and what we have done,” Trump said.

Powell is the same as the solid basics in the economy because the reason why the central bank can wait to find out how new, financial and organizational trade policies will reveal.

The Federal Reserve Interest rate committee has left rates ranging from 4.25 percent to 4.5 percent, representing the third seizure in a row after a temporary stop during the meetings in March and January. The Federal Reserve Reduction three times in the back half of the year 2024.

Trump moved early on Thursday to social media to contact Powell as “a fool, he has no idea” because of the decision to keep fixed rates.

Powell, a lifelong Republican, was nominated for the first time as president of fans in 2017 by Trump and was later reset by former President Biden.