powell

According to Jin Shi reports, U.S. President Trump stated that if Federal Reserve Chairman Powell continues to serve after his term ends, he will be fired. Powell's term as chairman will end on May 15.Trump said, "If he doesn't leave, then I will have to fire him." Currently, Trump's nominated successor, Waller, has not yet been confirmed by the Senate, and Powell may continue to serve in an "acting chairman" capacity. Trump also criticized Powell for not lowering interest rates as he wished and questioned the cost of the Federal Reserve headquarters renovation project.

According to Jinshi, U.S. President Trump stated that if Federal Reserve Chairman Powell does not resign on time, he will be fired.

According to Jinshi reports, White House National Economic Council Director Hassett stated that Powell is not expected to remain as a Federal Reserve governor. Waller will assume the position of Federal Reserve Chair in May.

According to Jinshi, U.S. President Trump stated that Federal Reserve Chairman Powell must leave as soon as possible.

According to Jinshi reports, after the speech by Federal Reserve Chairman Powell, the U.S. stock market indices slightly increased their gains.

According to Jinshi reports, Federal Reserve Chairman Powell stated that inflation expectations appear to remain robust.

According to Jinshi reports, Federal Reserve Chairman Powell stated that the Federal Reserve's tools have no meaningful impact on supply shocks.

According to Jinshi reports, Federal Reserve Chairman Powell stated that he tends to ignore supply shocks but must pay attention to inflation expectations.

According to Jinshi reports, Federal Reserve Chairman Powell stated that inflation caused by tariffs is a one-time price increase that will raise the inflation rate by 0.5 to 1 percentage points.

According to Jinshi reports, Federal Reserve Chairman Powell stated that, overall, research tends to believe that purchasing long-term assets will lower interest rates and support the economy.

According to Jinshi reports, U.S. President Trump stated that Federal Reserve Chairman Powell should cut interest rates.

Federal Reserve Chairman Powell stated that he has no intention of leaving his position at the Federal Reserve until the U.S. Department of Justice's investigation is "completely concluded with transparency and finality."Reports indicate that Chairman Powell's term will end on May 15, but his term as a governor will continue until early 2028, theoretically allowing him to remain in office. Powell stated that he would decide whether to continue serving based on what is "most beneficial for the institution and the public."This statement may affect the pace of personnel adjustments to the Federal Reserve under the Trump administration. Currently, Trump has appointed several governors, and if Powell were to leave, it could further expand his influence at the Federal Reserve.

According to Jinshi, Federal Reserve Chairman Powell stated that generative artificial intelligence tools will have a positive impact on productivity in the coming years, but their impact on inflation needs to be assessed with caution. He pointed out that the current boom in AI data center construction in the United States is driving up the prices of many goods and services, which may contribute to higher inflation levels to some extent. Powell emphasized that there will not be a situation in the short term that requires an immediate interest rate cut.

According to Jinshi reports, U.S. stocks fell to their daily low after Federal Reserve Chairman Powell stated that rising oil prices could increase price pressures and harm U.S. economic growth. Some analysts believe that this concern may dampen the extent of future interest rate cuts. Powell pointed out that the current tariff shocks, pandemic impacts, and ongoing energy crisis could affect inflation expectations.

According to Jinshi reports, Federal Reserve Chairman Powell stated that investments in artificial intelligence may also raise the neutral interest rate.

According to Jinshi reports, Federal Reserve Chairman Powell stated that it is true that the public feels significant pressure in their lives, which makes the Federal Reserve more determined to reduce inflation.

According to Jinshi, Federal Reserve Chairman Powell stated that different scenarios for the next meeting were indeed discussed, but these scenarios are extremely uncertain.

According to Jinshi reports, Federal Reserve Chairman Powell stated that although the Federal Reserve is currently trying to find a balance between the tension of two major goals, this is not stagflation.