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On Wednesday, President Donald Trump’s federal reserve was preparing to set fire to Jerome Powell’s chairman. News caused the markets immerseBut the famous Wall Street Acronym standing for the Trump, always seems to be the dish of the day, because the president rejected Powell while talking to journalists in the White House.
“He had to cut interest rates for a long time ago. Europe cut 10 times in a short time and ’em none’ cut gossip Powell during a press conference with the Prince of Bahrain Salman bin Hamad al Khalifa.
Trump, high interest rates that harmed people trying to buy a house, and then claimed that President Joe Biden was the one who appointed Powel. “I was surprised by him. Surprisingly, he strangely, in this group,” Trump said, but “Trump”. connected“We do not plan to do anything,” probably a reference to Powell fires.
Powell became a candidate by Trump in November 2017, and in January 2018 was approved by the Senate.
Trump continued to say that Powell could make changes in about 8 months when the second term was over. Current Frontunner to replace Powell White House Economic Adviser Kevin Hassett, according Bloomberg NewsAlthough other names include, the former Central Bank includes Kevin Warsh, Treasury Secretary Scott Bessent and Fed Governor Christopher Waller. Warsh is reportedly concerned with cutting rates, albeit in advance what to do for inflation Bloomberg.
“We are doing great as a country. We do not have an exchange. Stock, record business work, record everything. Everything is a record.
Even if it’s right about Trump Stock marketThis inflation part is not really true. In June, consumer prices increased by 2.7%, a year ago, according to the numbers released by the Labor Department Tuesday. In May, this is more than a 2.4% increase.
https://www.youtube.com/watch?v=xav3ot5ycvy
Trump was asked by the names with the names in the room in the room, which are at the top of the list for Fed chairs, Bessent and Warsh. The president said it was an opportunity to say that the opportunity to take the opportunity to implement any nutrition seat reduced the interest rates.
“We have a very good person for this work. I think you are smart. I think you are smart. It’s not a difficult task. I guess it can be one of the easiest things I have ever seen.”
The President began repair Powell in the federal reserve to cost about $ 2.5 billion. Like Associated Press Notes, Trump’s repair project has been on the first time, but Trump wants to sound like both nephews and something new, but also to look like something new.
“About $ 3 billion for herself, the nest egg,” Trump gossipWe try to suggest Powell’s doing something illegally. “He doesn’t do the right thing. We need to make a $ 1 trillion dollar worth a thousand dollars. You know, when talking about costs, a trillion dollar per year and a trillion dollar with everything.
https://www.youtube.com/watch?v=qvn68bpqje
An correspondent asked Trump’s “Jerome Powell manage the idea of shooting”, “said Trump did not rule out anything to do anything to do anything,” not to leave for fraud. ” Although the President has repeatedly tried to offer repeatedly, there was no evidence that Powell has committed fraud.
“I want to say that $ 2.7 billion in repairs. Therefore, it is repaired. The correct clearance, etc. I guess it can’t happen to do anything. But he doesn’t do anything ‘ gossip.
Something was asked directly about making a letter for a letter to fire New York Times Wednesday morning, Trump rejected this story. However, he knew the meeting with many congresses with Republicans on Tuesday, he asked what he thought he had to fire. Trump, 11 votes with one opposition, but did not name this person.
Republicans in the room assume that Powel went to the fire after Trump’s meeting. Anna Paulina Luna, a republic in Florida, tweeted Tuesday on Tuesday “Jerome Powell will be fired. The fire is inevitable. ”
https://www.youtube.com/watch?v=6bha9fvfkk
There is no secret that silicone valley reduces Powell’s interest rates. Big Tech took a pleasure Easy Money Cycle They want to return to many companies. However, reducing interest rates cannot cause inflation to worsen, interest rates are not the only thing that federal reserves should be concerned. The maximum increase in employment is also another part of the stability of prices. Trump loves to act like interest prices, now the most important thing in the world.
Although no one claims that Trump did not want to do the Trump, no doubt he did not fire Powel. However, this chaos is undoubtedly part of its presidency, be interested in interest rates or foreign countries such as Iran. And not going to stand until they stand out of office.
