The Fox Business host Larry Kudlo dissects the head of the Federal Reserve, Jerome Powell, about “Kodlow”.
president Donald Trump On Friday, Federal Reserve Chairman Jerome Powell called for interest rates.
“This will be an ideal time for Federal Reserve Chairman Jerome Powell to reduce interest rates,” Trump said in fact. “It is always” late “, but it can now change his image, quickly. Energy prices are broken, interest rates have decreased, enlarged, even eggs decreased by 69 %, and jobs rise, all in two months – a big victory for America. Reducing interest rates, Jerome, stop playing policy!”
Powell said at a press conference in March, when Federal reserve is fixed prices For its second consecutive meeting, the central bank is not in a hurry to reduce interest rates and will look forward to assessing the effect of the Trump administration tariff on inflation.
The FOOC Open Market Committee (FOMC), which directs the monetary policy movements of the Central Bank, noticed in its announcement on March 19 that “(U) on the economic view has increased” and added that it focuses on risks on both sides of its double mandate to promote the maximum employment and maintain inflation at 2 % in the long run.
In addition to announcing its decision on interest rates, FOMC issued a summary of Economic expectations This showed that central banking policy makers expect discounts in interest rates from 25 Basia this year, followed by two discounts of this size in 2026 and one in 2027.
President Donald Trump refers to the left, to the end of the celebration after Jerome Powell announced as a candidate for the Federal Chairman of the White House Park in Washington, DC, on November 2, 2017. (Saul Loeb / AFP via Getty Images / Getty Images)
The Federal Reserve’s inflation scale showed that the basic prices are rising in February
Policy makers expected the slow economic growth and high unemployment in 2025 than they were in their last expectations in December.
They see real GDP (GDP) grows by 1.7 % as of the end of 2025, a decrease from 2.1 % estimate, while the unemployment rate is expected to be 4.4 % in December – an increase of 4.3 % in the last expectations.
Federal Reserve Chairman Jerome Powell speaks during a press conference after the Federal Open Market Committee meeting in Washington, DC, on September 20, 2023. (Alex Wong / Getty Images / Getty Images)
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the Market expectations It is that the Federal Reserve will leave unchanged rates for the third time in a row when it meets in early May. The standard federal funds are currently 4.25 % to 4.5 %.
Trump’s publication comes before Powell speech Friday at the Business Liberation and Writing Conference.
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