Lagarde of the European Central Bank says it hopes to launch Powell’s Powell at the table

Christine Lagarde, President of the European Central Bank, said on Tuesday that she hopes to be the US President Donald Trump The release of the President of the Federal Reserve Jerome Powell The scenario was not on the table.

When asked about Sara Eisen from CNBC if Trump finds a way to remove the Central Bank president was a financial threat to the markets, Lagarde He said: “I certainly hope that I will not … I hope that is not a danger.”

Trump appointed Powell during his first presidential mandate, but he is now Looking at Whether it can be dismissed by the Federal Reserve Chairman legally before the end of his term.

Speaking on the sidelines of the World Bank’s World Bank Spring meetings, Lagarde CNBC told that it would not comment on the implications of the market for an event that was hoping to be “not on the table.”

Trump was nomination Powell clicking to reduce interest rates, warning that the American economy may slow down.

Powell in turn last week Proposal Trump’s trade war can affect growth and fuel enlargement. He did not indicate his expectations for the interest rate path forward, but he indicated that “at the present time, we are in a good position to wait for greater clarity before looking at any amendments to our position on politics.”

“We are accustomed to political pressure in one way or another,” Lagarde told CNBC on Tuesday.

“I have a great respect for the work he is doing, and for his position to his job and to be diligent, disciplined as possible to present his mandate. For him, I think, I am sure of that for me, and the mandate is our compass. We have to teach us to delegate us.”

The European Central Bank has been separated and chatted in monetary policy.

The central bank in the euro area has constantly reduced inflation rates with inflation closed in its 2 % goal and its economic growth in the bloc appears to be faded. Meanwhile, the Federal Reserve had maintained rates of rates this year, after the age of three consecutive discounts between September and December last year.

European Central Bank last week Reduce interest rates By 25 other basis points, which leads to its third reduction of 2025 and its seventh movement since it started to reduce the money policy last summer. In the monetary policy statement, the central bank warned of poor expectations associated with the uncertainty in global trade pumped by the TROMP tariff policy.

Trump cited the European Central Bank price discounts during his recent attacks on Powell. On Monday, it was published on its social platform in fact that the central bank has already reduced prices seven times, and I know it again Powell.The master is too late“

Lagarde also discussed the impact of Trump’s tariff policy on the market, saying that the customs tariff rate facing the euro area is higher than 10 % blanket It is now imposed on trading partners in the United States because it included 25 % duties on steel, aluminum and cars. The European Union can be slapped with 25 % global definitions without a deal.

“I am sure that there is room for negotiations. It is in the nature of policy makers to show sitting and discussing their case and reference to them Lagarde said the necessities, their red lines, and weaknesses, and I am sure that there could be a dialogue. “

“I will be surprised if there is nothing like that,” she added.

The European Union has Stop Her first segment of anti -picnics, in response to the rates on the minerals, while it is involved in talks.

Lagarde said she did not agree to her Trump’s point of view that the European Union is treating the United States unfairly on trade Because of the surplus goods, noting that the relationship also extended to foreign direct services and investment.

“There is a lot of common concern” between the United States and Europe. “There may be sectors where dangerous negotiations need a procedure, but as always with trade … it’s not only on one side, it is on both sides.”