Donald Trump says you will only choose the Fed Strafia cutting interest rates

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Donald Trump said that only the Central Bank called on the borrowing costs to increase the cost of 1 percent, it will choose a new Federal Reserve Chair to reduce interest rates.

The President also refreshed his attack on the current chairman Jay powderHe described him as a “stubborn mule”, “he will love him to resign if he wants,” he said. Powell said he would serve the term in May 2026.

Trump said, “Who will lower the rates there,” Trump told reporters to journalists on Friday Option to replace Powell. “If I think it would be going to keep one’s volume, I will not put them in.”

Trump’s statements noted by the President of the United States by the head of the country’s central bank in an unprecedented attack. Repeatedly reduce the decision to keep the fed price This year, 4.25-4.5 percent stop the cutting period, which began in 2024.

“I think we must pay (rates) that we have to pay 1 percent now,” he said. He added that until the administration has started a new Fed Street task when you say “not to lend no lend of nine months or later.” Despite their comments, the treasury is due to selling long-dated bonds in the next two days.

Trump, this week has already had a short list of “three or four names” to start feeding “three or four names”, although the White House has not been “inevitable.”

The pressure on Powell brought the assumption that “shadow-fed chairs” agreed with the lower prices.

A nutritious Christopher Waller, who was seen as a candidate for changing Powell, gave a ratio in July, as a candidate. Now another candidate who led the National Economic Council in the White House, Kevin Hassett, supported the increase in debt costs.

Scott Bessent, the Treasury Secretary of the US Runner, the two-year treasury notes of the treasury reduce the results of productivity.

Former candidate Kevin Warush, Kevin Warush, said he believed that he would fight inflation than other candidates in the center of the Central Bank.

Many believe that the shadow strategy can return.

“Although it sounds like a smart idea, he does not hold,” said Johns Robert Barbera an economist at the University of Hopkins. “The reason is not the kingdom of the Fed.”

The Fed Stress determines interest rates along with 18 other members of the Federal Open Market Committee. He voted eleven other than the chair.

“If the next chair was tried to turn the muscles, it would really harm relations with the rest of the committee,” Jon Faust, John Faust, now told a special advisor of Powell in Johns Hopkins. “This reduced the impact of the new chairs.”

Chicago Academic, which is political pressure from the Background of India, Raghuram Rajan, Fed’s unique structure – 12 private regional banks with a centralized board-supported centralized board – insulated-degree inhabited levels are affected by the president’s rhetoric.

Rajan had the president “very little” that he could do to influence regional presidents or other governors.

Additional report by Kate Duguid in New York