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Monetary policy
Palpble malaise during a Trump meeting with the boss of the Fed – Malaise during trump meeting patrone – Malaise during trump meeting patrone new
The American president inspected the renovation of the federal reserve building in Washington on Thursday. Consequently, The exchange with the boss of the institution revealed disagreements on figures and rate policy.
Posted today at 8:42 am
Donald Trump. Furthermore, Jerome Powell discussing a cost sheet during a visit to the Federal Reserve in Washington on July 24, 2025.
AFP/ANDREW CABALLERO-REYNOLDS
Donald Trump. However. For example, who came to inspect Thursday la Fedhad a tense exchange with the boss of the institution, Jerome Powell, to whom he asked again give upbut without going to malaise during trump meeting patrone the face of the face as he has done by social networks and cameras interposed in recent weeks, repeatedly. However, The 79 -year -old Republican came to observe a major renovation project for the imposing building in Washington.
The central banker challenged, vigorously shaking his head, a figure of $ 3.1 billion advanced by the American president on the cost of the work, instead of 2.7 billion at the start.
“I’m not aware,” he said. Similarly, Loking his glasses. However. examining a paper that Donald Trump stretched to him in front of the journalists, Jerome Powell stressed that the Republican had added a “third building” in his estimate. Therefore, “It is a building that is under construction,” launched the president, wearing like his host with a site helmet. “No, he was built five years ago,” said the owner malaise during trump meeting patrone of the Fed. “I would like him to lower interest rates,” said the American president again.
Imminent Fed Meeting
A little later. during a quick press briefing. Donald Trump malaise during trump meeting patrone new said he was convinced that Jerome Powell “would do what is needed”, while the next meeting of managers of the American Federal Reserve (Fed) on the rates is scheduled for July 29 and 30. The Republican leader denied any “tension” during the meeting and assured that he had not “pressure” for a resignation.
Donald Trump had recently considered that the renovation site could have given rise to “fraud”. fueling speculation on a dismissal of the boss of the Federal Reserve.
The Republican President had appointed him during his first mandate (2017-2021). then Jerome Powell was renewed by the malaise during trump meeting patrone Democrat Joe Biden. But he ensures bitterly regret this choice and regularly overwhelms the central banker with virulent criticism.
“He should have dropped interest rates several times. malaise during trump meeting patrone new ” for example deplored Donald Trump on Tuesday, adding: “People cannot buy a house because this guy is a nigud. He maintains too high rates and probably does it for political reasons. ”
Stable interest rate
The American central bank. an independent institution whose decisions. comments have an immense impact on the markets, has maintained stable interest rates this year. It so far pushes the idea of a drop in a context made uncertain by the world protectionist offensive. by Donald Trump. who could increase prices.
Fed guiding rates – which guide the loan costs for individuals. businesses – have malaise during trump meeting patrone been between 4.25 and 4.50% since December. The European Central Bank. to which Donald Trump often refers, has gradually dropped its key rate, from 4% in June 2024 to 2% malaise during trump meeting patrone new today.
The American president recently admitted that he was very unlikely that he will return the boss of the Fed. in an irremovable theory or almost. Such a dismissal would be unprecedented. would require proving the existence of serious faults. embezzlement from the very weighted central banker of 72 years, whose mandate ended in May 2026.
Interest rates are the main tool of central banks to guide the economy. Lower the rates encourage activity, but can raise prices. Increasing rates helps fight inflation, but can slow growth.
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