Trump Calls Upon Powell to Cut Interest Rates Amid Slowing Inflation - Economy Watch

Tensions between Donald Trump and Jerome Powell cracked this week when the president of the United States threatened to remove the head of the Federal Reserve (Fed), a measure that would call into question the independence of the U.S. central bank.Even before his trade war of tariff order hit the U.S. economy, the Republican president insisted that the Fed cut its interest rates to boost growth.How will Trump's tariff affect Costa Rica's exports…

Trump Calls Upon Powell to Cut Interest Rates Amid Slowing Inflation - Economy Watch

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. US President Donald Trump has called upon Fed Chair Jerome Powell to cut interest rates yet again, citing the fall in US inflation. Meanwhile, while inflation rates have fallen from their peak, they are still above the 2% that the Fed targets. Speaking with reporters, Trump said, “If we had a Fed Chairman that under…

Donald Trump launched this week a new salve of attacks against Jerome Powell, the president of the US Central Bank (Fed), promising his rapid departure despite the independence of the institution. The American press points out that such dismissal would have catastrophic consequences for the country's economy.

The US president's offensive draws attention to a case now being processed in US courts and involving the dismissal of board members of two other independent agencies