The Republican referred to Powell’s mandate, less than a year after having to leave office. He said it in Japan as part of a tour of Asia.
The president of USA, Donald Trumpattacked this Tuesday against the president of the Federal Reserve, Jerome Powell. He said that there was a long list of people who could take over the entity after his departure.
This Tuesday begins the two-day meeting of the Federal Open Market Committee (FOMC) of the Fed. After the conclusion of the conclave tomorrow, It will be known if the North American central bank will reduce the rate again by 25 basis pointssomething discounted by the market.
For his part, the US Secretary of State, Marco Rubioand the Chinese Foreign Minister, Wang Yiheld a telephone conversation on Monday focused on the preparations for the bilateral meeting between donald trump and Xi Jinping which will take place on Thursday in the South Korean city of Busanapart from the Asia-Pacific Economic Cooperation Forum (APEC).
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Donald Trump again against Jerome Powell
Trump is on tour in Asia and spoke to business leaders at a dinner in Tokyo on Tuesday (local time). There he spoke about the Fed and Powell.
After praising Javier Milei, Donald Trump arrived in Japan to meet with Sanae Takaichi
After congratulating Javier Milei for his “overwhelming victory”, Donald Trump arrived in Japan this Monday, with the aim of meeting with the prime minister Sanae Takaichi and with the emperor Naruhito. In addition, he will give a speech on the aircraft carrier USS George Washington and will sign agreements on critical minerals and shipbuilding.
His meeting with the emperor would become the second meeting between both heads of state since May 2019when Trump became the first foreign dignitary to visit the then newly enthroned emperor.
That schedule will be followed by a meeting on Tuesday morning with Sanae Takaichi, the first woman to lead the Asian country, which is expected to be dominated by trade. Days before starting his tour, Trump praised Takaichi: “I’ve heard wonderful things about her.”. The stay of the American president in the Asian country will be extended until this Wednesday.
Source: Ambito
