The tyrant will fire Powell - or try to

[dalton99a]

https://www.cnbc.com/2025/04/04/trump-tariffs-jerome-powell.html

President Donald Trump says Fed Chair Powell should cut interest rates and ‘stop playing politics’
Published Fri, Apr 4 2025 11:15 AM EDT
Jesse Pound

President Donald Trump on Friday called for Federal Reserve Chair Jerome Powell to cut interest rates, even as his tariff blitz roiled markets and raised fears of a rebound in inflation.

“This would be a PERFECT time for Fed Chairman Jerome Powell to cut Interest Rates. He is always ‘late,’ but he could now change his image, and quickly,” Trump said in a post on Truth Social. “Energy prices are down, Interest Rates are down, Inflation is down, even Eggs are down 69%, and Jobs are UP, all within two months - A BIG WIN for America. CUT INTEREST RATES, JEROME, AND STOP PLAYING POLITICS!”

Trump’s post comes as global equity markets are selling off sharply. The president’s new tariff policy, unveiled Wednesday, has raised concerns about a global economic slowdown.

The new trade policies may also be a barrier that keeps the Federal Reserve from cutting. The central bank has paused its rate cuts in recent meetings, in part because progress on reducing inflation appeared to have plateaued. The new tariffs could lead to a widespread rise in prices, at least temporarily, that further complicates the inflation picture.

On Friday, Powell told business journalists in Arlington, Virginia, that the Fed was “well positioned to wait for greater clarity” before making changes like rate reductions. He also said that the tariffs announced were “significantly larger than expected.”

...

[gab13by13]

1. Krasnov doesn't have the authority to fire Powell.

[Arazi]

2. Won't stop him

Maybe we’ll see Powell barricaded in the building as Musk and his brats close in with the DOGE thug-police