Watch: Trump says it is “highly unlikely” that he will run out of fed Chair Powell

President Donald Trump condemned Jerome Powell on Wednesday, the chairman of the Federal Reserve and called him “an ankle head” because the FED had not reduced the interest despite the pressure of the President, said it was “highly unlikely” that he would fire him.

Read more: How Trump could use an expensive renovation of the FED construction to suppress Powell

Trump was frustrated with the refusal of the Federal Reserve to reduce interest rates, what the president says that the federal government would boost trillion dollars of credit costs and economic growth. The Federal Reserve has kept interest rates between 4.25 and 4.5% – unchanged since December. Powell has given the risk of inflation due to Trump's tariffs as the reason for maintaining interest rates.

Trump replied to reports that he had designed a letter to prepare for the dismissal of Powell. He denied that he was preparing to relieve Powell, and said that he was “highly unlikely” that he “does not have to leave it”, which indicates that Powell had misused Gelder in a renovation of the Fed headquarters of the FED in a renovation of 2.5 billion US dollar.

REGARD: Like an inflation stay and Trump's pressure, the interest decision of the Fed makes difficult

Trump replied during a meeting with Bahrain Crown Prince Salman bin Hamad Al Khalifa to questions from journalists.