Powell's termination cannot come fast enough: Trump

In related news.

Trump snapped back at Fed Chair Jerome Powell, a day after the central banker warned of potential economic consequences such as inflation, in the face of sweeping tariffs.

However, national banks around the world appear to be on the same page as Powell.

Lee Seung-jae reports.

U.S. President Donald Trump continued to increase the pressure on U.S. Fed chairman Jerome Powell on Thursday, stressing that he should lower interest rates.

He also said Powell's "termination cannot come fast enough."

Trump's comments on Powell came a day after the U.S. Fed chair warned of potential economic consequences from U.S. tariff policies, saying they would likely generate "higher inflation and slower growth."

Trump also responded to a reporter's comment at the Oval Office on the same day, that Powell said he wouldn't leave his post even if told to by the U.S. leader.

"Oh, he'll leave, if I ask him to he'll be out of there. I don't think he's doing the job. He's too late. Always too late. A little slow, and I'm not happy with him. I let him know it. And if I want him out, he'll be out of there real fast, believe me."

However,.. Powell's concerns appear to have been echoed by other central banks around the world.

This includes the European Central Bank President Christine Lagarde, who said the sharp increase in tensions in international trade and the resulting uncertainty are likely to reduce exports in the euro zone and lower growth.

World Bank President Ajay Banga also expressed his concerns over Trump's tariff policies earlier this week, stressing that tariff hikes create conflicts that result in lower transparency and growth.

International organization are also warning of an economic slowdown.

The World Trade Organization said international trade volumes will decrease this year, while the International Monetary Fund said that there will be a notable downward revision in the new economic outlook report to be released next week.

Lee Seung-jae, Arirang News.