Donald Trump still has Jerome Powell in the sights. While the OECD has reduced US growth this week, poor employment figures in the United States have brought the US president of the hinges.
A message that follows the monthly survey of ADP/Stanford Lab published on Wednesday and that informs employment creations in May lower than analysts expected. They have been reaching their lowest level since March 2023.
Last month, 37,000 jobs were created in the private sector, compared to 60,000 in April (lightly reviewed figure), according to this survey. Analysts were waiting for a rebound, with around 110,000 employment creations, according to the consensus published by Marketwatch.
Donald Trump insulted Jerome Powell several times, he still treated him last May with “fool, who has no idea” of the Fed pattern after status quo on the rates.
However, for weeks that Donald Trump insistently calls the Fed to reduce his rates. I would have the effect To absorb the impact of your policies Giving an impulse to growth and employment. Fed has rejected until now, fearing inflation in the United States.
The US president once again takes the example of Europe. The ECB could drop this eighth consecutive time on Thursday, since Donald Trump writes) his guide rates.
Source: BFM TV
