Why did Trump come into conflict with the US Central?

The US Federal Reserve cut interest rates for the first time in 11 years, something that did not pay tribute to US President Donald Trump, who criticized the chairman of the financial institution, Jerome Powell.

A report in the French daily Le Journal du Dimanche says the US president is always enjoying economic growth during his term, but wants greater growth, a policy opposed by the US Federal Reserve.

On Wednesday, the financial institution announced a quarter-percentage-point cut in interest rates, settling between 2% and 2.25%.

The report said that Trump began his campaign to re-run for a second term, so he aspires to end his first term by recording an economic assessment that satisfies his voters and supporters.

Trump is working to impose low rates that will serve the consumer in the short term and promote growth while reducing the cost of debt, he added.

Why did the Federal Reserve cut interest rates?
The report said that the US Federal Reserve system is looking to cut the interest rate - which includes all types of loans - to face the economic slowdown in order to support the dollar, and avoid reducing consumption and investment.

According to the French newspaper, the decision is a surprise given that it was in the context of the United States achieved growth of about 2.1% in the second third of this year, in addition to the decline in the unemployment rate to its lowest level in nearly fifty years.

The report warned that Federal Reserve Chairman Jerome Powell has confirmed that the interest rate cuts are "insurance" and reserve in response to expectations of a global economic slowdown, against the backdrop of current trade tensions fueled by Donald Trump's anti-China stance, as well as the uncertainty surrounding the UK's withdrawal from European Union.

The Federal Reserve fears the rise in inflation and the consequent effects on fiscal revenues, wages and corporate sales.

Why did this decision irritate Trump?
The report said the US president commented on the decision, saying that "Jerome Powell has failed us as usual." The dispute between the president of the United States and the Federal Reserve is not the moment, and Trump of Powell is his opponent, despite his appointment as head of the monetary institution.

The report says that by the end of 2018, Trump said the only problem the US economy is facing is the "central bank".

The US central bank has long been under pressure from Trump for not cutting interest rates, at a time when the US president believes his country is threatened by other global economic powers like China and the European Union.

The report said the US president did not want a strong dollar to make US exports more expensive, while forcing others to devalue their currencies to be more competitive.

Last Monday, Trump criticized the European Union and China's decision to cut interest rates again and inject money into their economic systems to sell their products.

Will Trump sign a new victory?
The report says that Jerome Powell defended himself when he stressed that he refused to submit to the pressure of the White House, saying "we never study political considerations, nor do we follow a specific monetary policy to prove our independence."

But Powell did not rule out the possibility of resorting to other cuts, though he said the US economy was in good shape and "promising well."