Donald Trump is pushing the Fed for interest rate cuts

REUTERS / Joshua Roberts / File Photo




Insists on the US president, Donald Trumpto reduce interest rates of the US Federal Bank (Fed), with a new post on social media.

Specifically, Donald Trump tells Truth Social: “The central bank is moving slowly. It should reduce interest rates, ”causing new upheavals, while Federal Bank President Jerome Powell had argued that interest rates should be stable.

He even warned of significant inflation implications and suggested that the key interest rate should be maintained unchanged at 4.3% in the coming months.

“The duties will probably lead to a” temporary increase in inflation or more persistent implications “and our obligation is to make sure that there will be no constant problem,” Powell said.


Follow Newsit.gr to Google News and first informed about all the news and last news of the day

Source link

Leave a Comment