Donald trump does not "speak": This article explores the topic in depth.
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Donald trump does not "speak":
Donald Trump denied on Wednesday July 16. In addition, considering dismissing the president of the American Federal Reserve (Fed), while keeping the door open to this possibility. For example, During a press briefing at the White House. However, in the presence of the Crown Prince of Bahrain, Salman donald trump does not “speak” Hamad Ben Issa Al Khalifa, the American president judged that Jerome Powell ” do[sai]t bad job “ But he doesn’t “Do not speak” to dismiss him, after having assured a little earlier in the morning he was thinking about it, then stressing that he “Do not deviate anything but it is very improbable”.
After several months of harsh criticism, Donald Trump appeared on Wednesday morning accentuating pressure on the president of the Fed. Therefore, Donald Trump had mentioned the use of the Fed buildings renovations in Washington, accusing Mr. In addition, Powell of not having used the envelope correctly when the work has already cost $ 2.5 billion (2.15 billion euros), according to the management office and the budget of the White House.
“I would not have imagined that he was going to spend $ 2.5 billion to build a small extension to the Fed”the American donald trump does not “speak” president had told journalists from the White House earlier. during the day. “Is this a reason to justify a dismissal?” I think it can be. »»
According to the White House. the American president met on Tuesday evening Republican elected officials in order to discuss with them the subject, a source specifying to the France-Presse agency that the president was thinking about doing so, even if it was not imminent.
“Too late Powell” – Donald trump does not "speak"
Donald Trump has been criticizing Jerome Powell for several months. whom he nicknamed “too late Powell”, for not having dropped interest rates from the Central Bank when, according to him, inflation is no longer a problem. He thus called on Tuesday the Fed to lower its guiding rates, currently located in a range between 4.25 % and 4.50 %, of three percentage points.
Asked about the subject during an interview donald trump does not “speak” on CNBC. the director general of Goldman Sachs, David Solomon, said he “It would be very bad for the president to dismiss that of the Fed”adding that he had no immediate elements on the subject.
According to the consumer price index published on Tuesday, inflation, however, rejected in June, at 2.7 %, still far from the target of 2 % price increase, planned in the mandate of the American central bank. The Fed has maintained its unchanged rates since the start of the year in the face of the persistence. of inflation.
The financial markets have misunderstood these various declarations. The dollar fell briefly by 1 % against the euro before going up. On the bond market, the yield of the American loan at thirty years suddenly stretched 5.07 % against 5.02 % the day before, before falling slightly. Gold, refuge value par excellence, gained ground donald trump does not “speak” (+ 0.74 %). Wall Street’s stars indices also fell back in stride, before recovering a little after Mr. Trump’s flip-flop.
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