The FHFA director said, “Powell argued that interest rates should be reduced.”
Federal Reserve Chairman Jerome Powell discussed how central bank policy frameworks can adapt to more volatile inflation and more frequent supply shocks. (Credit: Bloomberg)
Like the President, William Plute, director of federal housing finance institutions Donald Trump Who tapped him for that role is pushed by Federal Reserve Chairman Jerome Powell to cut interest rates.
“Jay Powell needs to cut interest rates — enough is enough. There’s no reason why President Trump will crush Biden’s inflation and not lower interest rates. post x.
“Jerome Powell should cut interest rates to help Biden’s inflation reverse the damages inflicted on the mortgage market,” he then argued. Tweet on tuesday.
Trump has hammed the Fed chair and is asking him to lower the fees.
Federal Reserve System to reduce the workforce by 10% over the next few years
Left: Candidate William Plute, who will become the director of the Federal Housing and Finance Agency, is sworn in for a confirmation hearing with the Senate Bank, Housing and Urban Affairs Committee in Darksenville on Thursday, February 27, 2025. Right: Federal Reserve Chai (Left: Tom Williams/CQ-Roll Call, Inc. via Getty Images; Right: Andrew Harnik/Getty Images)
In the true society of April postTrump called him “too late” Fed Jerome Powell. post A few days later, the president argued that “it’s too late, a major loser, and now there could be a slowdown in the economy unless we lower interest rates.”
But so far, Trump’s repeated demands have not been met as the Fed has not announced any rate cuts during Trump’s second term.
The Federal Open Market Committee finally decided to reduce the target range for the December federal funding rate before taking office on January 20th after Trump’s November election victory.
The Federal Reserve Governor warns us that it is “not sustainable” as Treasury bond demand weakens
US Federal Housing Director Bill Prute provides the latest details on the Department of Justice’s ongoing investigation into New York Attorney General Letitia James’s alleged mortgage fraud charges.
“There’s no gasoline, energy, groceries, and virtually no inflation, no prices. Trump declared the truth and socially. post Early this month.
During his first term, Trump Nominated Powell He chairs the Federal Reserve Board.
Federal Reserve Chair Powell urges Princeton alumni to embrace risk and public services
Federal Reserve Chair Jerome Powell stressed the importance of taking risks and showing initiatives while speaking to Princeton University’s 2025 graduation class. (Credit: Princeton University)
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President Joe Biden will later Tap Powell Maintain the role of the second term.