花旗首席经济学家：特朗普不会解雇美联储主席鲍威尔

Odaily Planet Daily News: Citigroup's chief economist stated that Trump will not fire Federal Reserve Chairman Powell, "This line will not be crossed." (Jintian)

Citigroup chief economist: Trump will not fire Fed Chairman Powell

<Odaily> Planet Daily News: According to the Financial Times, John Kennedy, a Republican senator from Louisiana and a member of the Senate Banking Committee, strongly criticized President Trump's attacks on Federal Reserve Chairman Powell on Sunday, stating that no president has the right to dismiss the Fed chairman. Kennedy told NBC, "I do not believe the president, any president, has the right to remove the Federal Reserve chairman, and I believe the Federal Reserve should be independent." Previously, Trump said he believed he had the right to fire Powell, telling reporters in the Oval Office last Thursday: "If I want him to go, he will go quickly, believe me." On Sunday, Kennedy defended the Fed's focus on controlling inflation, saying: "My experience with Powell tells me he will do what he believes is right, and he will not go down in history for allowing inflation to run wild like a March hare. He will take the actions he believes are necessary." (Jinshi)

US Republican congressman: President has no power to fire Fed chairman

As the European Central Bank repeatedly cuts interest rates, Federal Reserve Chairman Powell remains "unpersuaded," which seems to have angered U.S. President Trump, who called out Powell three times in one day, urging him to cut rates and even going so far as to say Powell should have been fired long ago.

On Thursday morning Eastern Time, Trump posted on social media:
· The always-too-late and wrong Federal Reserve Chairman Jerome Powell released a report yesterday, which is yet another typical and complete "mess"!
· Powell should have lowered rates like the European Central Bank long ago, and he should definitely lower them now. The sooner Powell leaves, the better!
...

Trump criticized Powell three times in one day: The Fed should have cut interest rates long ago, Powell is playing politics and should have been fired long ago

On April 22, Nick Timiraos, a journalist for <The Wall Street Journal> known as the "Fed whisperer," wrote that U.S. President Trump signaled that if his trade war leads to economic weakness and the Federal Reserve does not quickly cut interest rates, he will blame the Federal Reserve.

In this process, he seems to be attempting to undermine the legitimacy of this traditionally independent institution, potentially affecting its effectiveness.

In a social media post on Monday, Trump again repeated last week's request, urging the Federal Reserve to "cut rates immediately." He stated: "There is almost no inflation." And he criticized Federal Reserve Chairman Jerome Powell as "Mr. Too Late" and "a big loser." He also accused the Federal Reserve of cutting rates last fall to influence the 2024 U.S. election.