The Federal Reserve challenges Trump: he manages the types and warns that his policies can cause “more” uncertainty “

There are also people who refuse to fold Donald Trump in Washington. The United States Federal Reserve (Fed) President Jerome Powell is one of them. Powell fulfilled With instructions this Wednesday Despite Trump’s pressures, by declaring that interest rates will be 4.25%-4.50%, its aggressive and volatile trade policies will show up in the economy, otherwise, otherwise, the admirable resistance.

In addition to a warning decision, a statement published after its meeting, which was published five weeks ago, was called “mutual”, as it was called “mutual”, in addition to a warning decision. “The committee hopes that the losses of more unemployment and inflation have increased.”

Trump later partially – less for China – the tariff measurement to start negotiations with no fruits yet caused the global shock. In the first 100 days of the new administration, the fall of the markets is behind the evaporation of Wall Street worth $ 6.5 billion. That fact is that the Gerald Ford (1974-1977) turns into the worst start of Trump’s presidency for the stock exchange. Before climbing in a trade war, Trump’s first tariffs and threats have already occurred The first contraction of the US economy in three years.

Since then, the last employment number has been better than estimates: the United States created 177,000 jobs in April, leaving the unemployment rate 4.2%. Political uncertainty verification Trump has not yet affected the labor market and inflation, despite the clouds of the tariffs on which the tariffs on it, cooled short -term interest rates, and fulfilled the expected ones in the Frank Challenge to Trump.

The Fed leans up to see “waiting” for the fourth time in a row and regulates the American economy. That confusion complicates the work of Powell, whose goal is doubled: Promote maximum employment and guarantee price stability. Reducing types promotes the economy, but affects inflation. The contrary to the labor market is worse.

The Fed’s current president has repeatedly given signs of inflation brake over the other necessities, and at the moment it seems to be achieving it despite widespread confusion: prices fell 0.1%in March, its first monthly decrease from May 2020, with interranual inflation left in 2.4%, According to the data published from the Office of Labor Statistics, Depends on the Department of Labor.

As market pressure rises, a confrontation between Powell and Trump, who hired him in 2018. Trump has repeatedly attacked Powell, accused of registering an officer who registered as a Republican voter in February 2024, adjusting the first world power policy in favor of re -election, in favor of re -election, It has not yet been out of the race for the White House.

After the victory in November, Powell said he was not planning to resign. Since then he has repeated it several times. Two days after Trump declared his tariffs on April 2, the President was baptized, baptizing the “Liberation Day”, the Fed president declared that he was afraid that he was “significantly higher” than he had expressed – they were translated into less growth and more inflation.

In the midst of last month, the president responded to the estimation that the European Central Bank varieties would decline, “it always responds and misrepresented,” he said. “Powell’s retirement doesn’t come quickly,” Trump wrote in a message on his social network Truth.

Reverse

A few days later, he was withdrawn, and when he saw how the dollar fell and checked his decisions on the interest rates of the US debt, he did not plan to do without Powell. “I want it to be a little active in your idea of ​​lowering interest rates,” he said. In an interview on Sunday in the NBC chain With Star Presenter Kristen Welcer, the President insisted: The change in front of the Fed was not in his plans.

The last resistance of Powell and the unpredictable personality of Trump is nothing dismissed. The next Fed meeting was scheduled for June 17 and 18. May employment data and April and May inflation figures know whether Powell will continue to be their prudent mood and once again grabs varieties or, as Trump wants, it will reduce them.

Investors are well aware of the signs that Powell can be given at a Powell press conference till 20.30 in the peninsula in Washington, from 14.30 pm. At the moment, the first and the US monetary policy takes place It continues in “wait and see” mode.