United States: The Fed will still bother Donald Trump by advocating for waiting before reducing his rates

The president of the United States Central Bank, Jerome Powell, again considers Tuesday that he can “wait” before reducing his fees, despite the opposite opinion of other members of the Fed and the fierce pressures of Donald Trump.

“At the moment, we are well located to wait to know more about the probable evolution of the economy before considering any adjustment of our policy,” according to Jerome Powell, according to the text of a shared speech in advance by the monetary institution.

“Silly”

A few days ago, the president of the United States, Donald Trump, again fiercely criticized the head of the Central Bank, pretending to question the opportunity to “turn it” so that interest rates decrease.

“I do not understand why the Council (of the governors of the Federal Reserve, note) does not defeat this.

Wednesday, The United States Central Bank unanimously decided to leave its straight rates without changes For the fourth consecutive time.

“He was kind, he was neutral, he was bad. Nice and neutral they don’t work,” he adds, still treating the “silly” and “Hatesser of Trump that should never have been there.”