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Trump Retracts Fed for "Incorrect" Rise in Interest Rates



President Trump Donald John TrumpChinese, US negotiating fine-tuning trade agreement: report Iran wants America to leave Iraq; will he succeed? The Florida bar reverses the policy of notions after the objections from the MAGA-bearing cap lifted the Federal Reserve on Friday for a "wrong" raise in interest rates, claiming that domestic and international markets would be stronger if it did not.

If the Fed did not mistakenly raise interest rates, especially since inflation is very low, and if they did not make a ridiculous time-tightening, 3.0% of GDP and stock market would be much higher and the global markets would be Trump publish.

The Tribute presents the last trump volleyball against the Fed, with the president plunging the Central Bank repeatedly for pedestrian interest rates, which he made four times in 2018

"No, I think the Federal Reserve is making a mistake. They are so tight, "Trump said in October that the level of the planned increase in interest rates. "I think Fed is mad." So you can say, "Well, this is actually very safe." And it's very safe, and gives you a lot of margin. But I think the Federal Reserve is crazy. "If we did not have someone to raise interest rates and quantify, it would have been over 4 [percent] instead of 3.1 [percent] in terms of economic growth. Trump told Fox Business in an interview last week. "The world is slow, but we are not slowing down."

Officials feel pressure from the Oval Office to listen to Trump's demands, White House Economic Adviser Larry Kudlou urges the Fed to "immediately cut interest"

"I emphasize the position of the president – he is not shy from this point of view – he would also like the FED to stop shrinking its balance. And I agree with this point of view, "Kudlov told CNBC on Friday.

"Looking at some of the indicators – I mean the economy looks healthy, we just do not want this threat," he added. "There is no inflation there, so I think the Fed's actions are probably exaggerated."

Federal Reserve Chairman Jerome Powell said last week that the bank would not raise interest rates for the second consecutive month and lower its forecast for rising interest rates to zero for the year, citing the Fed's "positive" economic outlook for the economy. United States.

Fed interest rates currently range from 2.25% to 2.5%. Cutting 50 points can lead to a percentage decrease of less than 2%.


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