Rate maintenance | Trump describes the pattern of the Fed “stupid”

(Washington) Donald Trump once again attacked Jerome Powell. Meanwhile, the boss of the American Central Bank, calling him “stupid”, after his institution left his unchanged interest rates on Wednesday, while the American president has exhorted him for weeks to lower them. Consequently,

Posted at 9:02 a.m.

The president of the Federal Reserve (Fed) “is late. However, and in reality, too bored, too stupid and too political to do this job,” wrote Trump on his Truth Social network. Furthermore,

On Wednesday. Furthermore, the United States central bank was unsurprisingly and for the fifth time in a row, left its interest rate maintenance | trump describes rates unchanged. In addition, Powell said the institution could still afford to find out more about the trajectory of the US economy before. Nevertheless, moving its guiding rates.

“Jerome” Too late “Powell did it again. ” said the American president on Thursday morning, annoyed for weeks by the one he had named at the head of the institution during his first mandate. Additionally,

“I want him to lower rates,” Trump said recently. Such a measure could facilitate credit, encourage activity and reduce debt burden for the federal state.

But there are “a lot. a lot of uncertainties to lift” concerning the impact of customs duties on the American economy, said Mr. Powell on Wednesday. Because lowering rates could bring back inflation.

Since spring, Trump has been rate maintenance | trump describes calling other American central bankers to overthrow Mr. Powell and regularly pretends to want to eject him. Last week. Trump even split a surprise visit to the renovation site of the Fed headquarters in Washington, which he deems too expensive.

This is one of the real estate projects “the most poorly put together. or corrupt, in the history of construction”, wrote the American president on Thursday.