Mr. . President, Jerome Powell, do you have plans uh or if you're back considering firing Jerome Powell. Um and what's your justification if if you're thinking about this to do this.Too late. He's always been too late, hence his nickname, too late. Uh he should have cut interest rates a long time ago.Europe has cut him 10 times in the short period of time, and we cut him none. The only time he cut him was just before the election to try and help uh Kamala or Biden, whoever the hell it was, because nobody re ...

Are you completely ruling out the idea of firing Jerome Powell I don't rule out anything, but I think it's highly unlikely unless he has to leave for fraud. And it's possible there's fraud involved with the 2.5%. $2.7% billion renovation is a renovation.How do you spend $2.7% billion and he didn't have proper clearance, etc., etc.. So, you know, that's going on. So there could be something to that.But I think he's not doing a good job. He's got a very easy job to do. You know what he has to do.Lower interes ...

President Donald Trump is frustrated that the Federal Reserve hasn’t lowered interest rates this year. At the biggest US banks, loan yields are steadily dropping anyway https://t.co/O7Y60ppd9r ...

Monetary Policy & Interest Rates - The Trump administration is urging the Federal Reserve to cut interest rates [1] - Ironically, a rate cut could lead to increased borrowing costs [1]

Monetary Policy - Federal Reserve likely to maintain current interest rates to further curb inflation [1]

🇺🇸 TRUMP SAID INFLATION IS VERY LOW AND FED SHOULD CUT RATES BY 3 POINTS. https://t.co/FljnHJphSf ...

Fed Rate Policy & Inflation - The Fed is likely to lower rates, considering the downward trend of inflation approaching the 2% target [1] - High real rates are restraining the economy, suggesting a need for rate cuts [2] - The impact of tariffs on inflation is considered minimal and temporary, unlikely to significantly alter the Fed's course [3][4] - A potential one-time price jump from tariffs is expected, with the US being a relatively closed economy where services constitute 70% of the consumer basket [4] - Even a 20% tariff increase is projected to raise prices by less than 1 percentage point [4] - Dollar decline since February is adding to inflation pressure, potentially more so than tariffs [10] Labor Market & Economic Impact - The Fed is cautious about weakness in the labor market translating to unemployment [6] - Maintaining the unemployment rate in the 4-45% range is a key objective for both the President and the Fed [7] - Weakness in the labor market will drive the Fed's rate decision more than inflation [8] - Long-term interest rates significantly affect the economy, influencing housing and investment decisions [8] - The US government's deficit and spending policies are crowding out the economy, potentially hurting it more than other factors [9]

Kevin Warsh, a top pick to replace Powell as Fed chair, is finally ready to cut interest rates. The transformation comes as Trump's demands reach a fever pitch https://t.co/mB0IkrmV2v ...

Federal Reserve & Monetary Policy - President Trump considered nominating a replacement for Federal Reserve Chair Jerome Powell earlier than the typical transition period [1] - The concept of a "Shadow Fed Chair" is introduced as a way to potentially undermine the current Fed Chair's authority [2] - Trump expressed dissatisfaction with Powell for not lowering interest rates as much as desired [6] - Trump suggested interest rates should be as low or lower than 1%, significantly below the current range of 425% to 450% [9] Potential Risks & Challenges - Creating a "Shadow Fed Chair" may not be effective and could confuse financial markets [9][10] - The "chair in waiting" could face challenges in expressing views that align with both the President and market expectations [10][11] - Disagreements about policy could undermine the credibility of the Fed [13][14] Nomination & Confirmation Process - The President nominates members to the Federal Reserve Board of Governors, who are then confirmed by the Senate [4] - The Senate plays a crucial role in deciding whether a nominee has the right temperament to lead the Fed [19] - The confirmation process could be difficult, given the President's desire for someone who will align with his wishes [20] Potential Candidates - Kevin Warsh, a former Fed Governor, was considered for Fed Chair in 2017 [15][16] - Kevin Hassett, former Director of Trump's National Economic Council, is another potential candidate [16] - Other potential candidates include Scott Bessent and Fed Governor Chris Waller [17]

Federal Reserve Bank of Cleveland President Beth Hammack said she wants to see inflation lowered further before she’d support a cut in interest rates. https://t.co/TnSy0gVDSd ...