Proekt_73
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Trump in his criticism of the head of the US Federal Reserve, Powell, has already resorted to open insults, calling him a 'fool'. Today, the day after the US Federal Reserve's decision to keep the interest rate on hold, Trump wrote on his social network Truth Social: 'Perpetually late Jerome Powell is a fool who understands nothing. Other than that, I quite like him! Oil and energy prices have fallen significantly, almost all prices (on goods and 'eggs') have decreased, practically zero inflation, tariffs are bringing money to the US - this is the complete opposite of 'too late'! Enjoy!' Powell speaks of heightened uncertainty and risks of rising inflation. Trump, on the other hand, claims that there is 'practically zero inflation' in the US, and that the current Federal Reserve policy is a mistake. At the same time, the president's tone is becoming increasingly aggressive towards the Federal Reserve, the situation is heating up 🍿. However, it is very unlikely that Trump will be able to remove or force the head of the Federal Reserve to resign. That would set a precedent. The chances that the rate will be lowered in June remain low. So far, the majority expectation is July.
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