Home » Business » Trump known as the Federal Reserve the one downside with the US financial system – 2024-06-19 01:04:12

Trump known as the Federal Reserve the one downside with the US financial system – 2024-06-19 01:04:12

/ world immediately information/ Trump has focused the sacred – the world’s bankers. He is appearing unhinged.

Trump known as the Federal Reserve System (FDR) the one downside within the US financial system.

The White Home chief has repeatedly criticized the Federal Reserve for elevating the important thing rate of interest, which may result in slower financial development

TASS, December 24. American President Donald Trump believes that the one downside of the nation’s financial system is the Federal Reserve System of america, whose management, he believes, doesn’t really feel the state of the market. The US president wrote about this on Monday on Twitter.

The top of the White Home has not too long ago repeatedly criticized the Fed, which acts because the Central Financial institution of america, for elevating the important thing rate of interest, which may result in a slowdown in financial development.

“The one downside with our financial system is the Fed,” Trump wrote. “They [ръководителите на ФРС] they don’t have any sense of the market, they do not perceive the required commerce wars or the robust greenback and even that due to the Democrats’ place on the border [дейността на федералното правителство] was stopped. The Fed is sort of a robust golfer who cannot rating as a result of he has no intuition – he cannot putt the ball within the gap!”

On Wednesday, the Fed raised its key rate of interest by 25 foundation factors to 2.25 – 2.5%. Bloomberg then reported that Trump was contemplating the potential of the resignation of US Federal Reserve Chairman Jerome Powell. Trump is sad with the U.S. central financial institution’s choice to lift rates of interest for the fourth time this yr and preserve the tempo of decline in investments in bonds and different securities, at present valued at $4.1 trillion, in line with the company. .

Translation: M.Zhelyazkova

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