U.S. President Trump said Fed Chairman Powell was “not removed from office fast enough”, accusing the Fed of cutting interest rates earlier this year.“It is necessary to act now”。
Once this statement is spoken,Spot goldShort-term moves higher than $10, and then slightly fell.

The president, who nominated Powell during his first term, posted on his social platform Truth Social on Thursday morning.Powell is called by the ironic nickname "Taichi", and said, "Powell's removal cannot be waited for a moment!"
It is unclear whether Trump refers to the end of Powell's established term (May 2026) or intends to push him to leave early. The White House did not immediately respond to a request for comment. Powell's term as the Federal Reserve Board member will last until February 2028.
This is Trump's latest attack on the Fed, recreating the fierce conflict with the Fed during his first term, may once again spark a debate in Washington on the independence of the Fed. Trump's recent push to impose reciprocal tariffs on the world has raised concerns about slowing domestic economic growth and rising prices.Make the Fed's policymaking bigger challenges。
Trump's remarks come as the European Central Bank is planning its seventh rate cut. He specifically mentioned in the article: "And the Fed's 'too late' Powell - always acting too slowly and wrongly - released another typical 'chaotic' report yesterday!"He added that oil and food prices have fallen and the United States is "becoming rich" through tariffs.
Powell stressed in a speech at the Chicago Economic Club on Wednesday,The Fed must ensure tariffs do not trigger longer-lasting inflation. "Our responsibility is to anchor long-term inflation expectations and prevent one-time price increases from evolving into sustained inflation." Although US stocks continued to decline after Powell's speech, the futures market rebounded early on Thursday.
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