Video Donald Trump calls the “dry head” on the Fed boss and again asks for interest reduction

US President Donald Trump on Thursday, Thursday, president of the federal reserve, Jerome Powell, which he called “Sec Head”, intensifying the pressures on the US central bank to reduce the reference interest, CNBC reports.

Donald Trump has argued from the White House that a decrease in interest with two percentage points would allow to save about $ 600 billion annually, reports News.ro citing CNBC.

“But we can't convince this man to do it,” he said.

President Trump and the Parable of the “Numbskull” “Too late Powell” 😆😆 pic.twitter.com/ml5tith0rr

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Trump's statements come in the context in which financial markets have not reacted significantly, and investors anticipate that FED will not change the interest at the meeting next week or in July. However, the probability of a reduction in September increased to 76%, compared to 69% the day before, according to CME Group data.

JD Vance Vice President called the federal reserve refusal to reduce the interest “monetary malpractice”, in a post on social networks.

Meanwhile, the secretary of trade, Howard Lutnick, told Fox News that “inflation is low” and that Powell “must do his job.”

Despite repeated attacks, Donald Trump has reiterated that he did not intend to dismiss Jerome Powell, but added ambiguous: “I don't know why it would be so bad.”

Powell previously said that the law does not allow its dismissal by the president, and the Supreme Court has suggested in May that FED governors benefit from increased protection.

Comments come just a few hours after the work department announced that US producers prices increased less than analysts were expected, reducing fears about galloping inflation generated by tariffs and encouraging the Trump administration to intensify the pressure on the Fed.