Trump calls on Federal Reserve to cut interest rates after strong US jobs report

On Friday, President Donald Trump called on the Federal Reserve to low interest rates.

Trump cited the decrease in the prices of gasoline, groceries and strong employment numbers. His comments came after the Ministry of Labor issued Jobs data in April, which showed that the American economy added to 177,000 jobs expected a month.

“Brezzles only broke $ 1.98 per gallon, the lowest in years, grocery (and eggs!) Down, energy down, mortgage prices, strong employment, and more good news, as billions of dollars flow from tariffs.

Trump calls for reducing interest rates at the Federal Reserve and “stop playing policy”

Trump has significantly declined to criticize the President of the Federal Reserve, Jerome Powell, who recently called “Al -Sayed after it is too late.” In a social publication, in fact last week, the President also described Powell as the “main loser” and said that the US Central Bank should make “preventive discounts” for interest rates – noting that the costs of food and inflation decreased.

“With these costs go down well, just what I expected to do, there could be almost no enlargement, but there can be a slowdown in the economy unless the master has not yet thought, and he is a great loser, which reduces interest rates, now,” he said.

Powell remains at the Federal Reserve Bank, even if Trump has another idea

Trump’s repeated criticism of the Powell-White House economic advisor Kevin Haysit has sparked that President Sidres said whether he could release the Federal Reserve Speaker-Fears of Independence in the long term of federal reserve studies because he takes monetary policy decisions.

Powell said he intends to spend the rest of his term as head of the Federal Reserve, which ends on May 15, 2026.

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Austan Golsby, head of the Federal Reserve in Chicago, said Sunday at the appearance of April 20 on CBS.He faced the nation with Margaret Brennan“The independence of central banks and monetary policy is very important.

“There is an actual consensus between the economists who have independently of criticism from political intervention, and that the Federal Reserve Bank or any central bank is able to do the task it needs is really important,” said Golsby.