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24 de diciembre de 2018

Donald Trump says that the Federal Reserve is the "only problem" of the US economy



Donald Trump, during a rally held in Kansas City (Missouri). AFP 

The US president, Donald Trump , has strongly criticized the Federal Reserve (Fed) in a message posted Monday on Twitter: "It's the only problem with our economy."
"They have no idea about the market, not necessarily understand the trade wars or dollar strength" continues Trump in his tuit.Los attacks the Federal Reserve chairman are constant. In October, for example, he said he had "gone crazy" after a fall of 3.15% registeredon Wall Street "The Fed is making a mistake. They're too tight (interest rates). There are people who say that (rising interest rates) gives a lot of security, and yes, gives great confidence and a lot of room, but I think the Fed has gone mad , "aseguró.Las critical central bank president to break the traditional respect for the independence of monetary policy from the White House, and have surprised the markets and analistas.El last weekend, CNN and Bloomberg said Trump planned to lay off Jay Powell, Whom he chose. But this information was denied by his Treasury Secretary Steven Mnuchin.Trump is upset by the decision that the Fed took last week to increase a quarter point interest rate, so that the price of money in the US was among the 2.25% and 2.50%, which are located at levels not seen in more than a decade in the first economy mundial.En recent months Wall Street has shown signs of weakness, and the Dow Jones Industrial Average, the leading indicator, it has fallen 12% since October. In fact, Wall Street closed Friday its worst week since the financial crisis of 2008.

published  misteri1963

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