Trump urges the Federal Reserve to “take over” if Jerome has not reduced the Powers soon

On Friday, President Trump called on the Federal Reserve to “take over” if Jerome Powell does not reduce prices soon, which increased his attacks on the besieged Federal Reserve.

“Jerome” is very late, “Powell, a stubborn fool, must reduce interest rates to a large extent, now. If he continues to refuse, the council must control, and do what everyone knows must be done!” Trump wrote in a post on the truth Friday morning.

The last Prodicide Trump in Powell comes after the federal reserve on Wednesday The rates preserved in the range target 4.25 % to 4.5 % He reduced his view of the economy – where he doubts a reduction when the next policy makers meet in September.

In another publication, the president wrote that the opposition between federal reserve officials “would only become stronger.”

Conservatives at the Federal Reserve Council voted Christopher, Eller and Michelle Bowman against the approach to “waiting and celebrating” Powell-on the occasion of the first time in three decades, as more than one governor of the Board of Directors of 12 members created a vote on the interest rate.

On Friday, both officials warned of the risks to the economy, as it called for a reduction in the immediate quarter of the percentage, on the pretext that the Trump tariff is likely to have a brief effect on inflation.

Waller wrote in a statement on Friday: “There is nothing wrong with the presence of different views on how to explain the data received and the use of various economic arguments to predict how to influence the definitions on the economy.”

“But I believe that the approach to waiting and seeing is excessively cautious, and in my opinion, it does not properly balance the risks to expectations and can lead to the policy behind the curve.”

Waller said that the blow that he was inflated from Trump’s tariff was “small so far”, and may continue this way.

“I see the risks that the delay in taking measures may lead to a deterioration in the labor market and slow down the slowdown in economic growth,” said Bowman, who is Vice -President of the Federal Reserve to oversee the bank.

On Friday, the Ministry of Labor stated that non -agricultural salary statements increased by 73,000 jobs smaller than expected last month. The unemployment rate increased in one from a percentage to 4.2 % in July.

The report appears to give credibility to the employment concerns that the flag has developed by the dissidents in the Federal Reserve.

While Trump has pushed to reduce 3 degrees Celsius, Waller and Bowman called for more gradual work.

Waller suggested cutting up to 1.5 percentage points, albeit at a slow pace, while Bowman simply supported the concept of “gradual discounts”.