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pump Lagarde to Trump: I hope you don't fire Powell
According to ChainCatcher news and Jin10 reports, European Central Bank President Lagarde has clearly stated that she hopes U.S. President Trump will not fire Federal Reserve Chairman Powell. When asked whether this constitutes a significant risk to the market, Lagarde stated: "I sincerely hope that it will not happen... This should not be a real threat." Faced with reporters' questions, Lagarde refused to comment on the market impact of the "hypothetical scenario," emphasizing her firm belief that this matter is "not under consideration." Recently, Trump has been pressuring Powell to cut interest rates, warning that failure to do so could lead to an economic slowdown. In response, Powell stated last week that the trade war may simultaneously suppress growth and raise inflation, and reiterated that the Federal Reserve will maintain policy patience.