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Trump maintains pressure fed, more new:
Trump maintains pressure fed, more: This article explores the topic in depth.
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Trump maintains pressure fed. In addition. Furthermore, more:
The president of the Federal Reserve (Fed) was open on Friday open to a next drop in interest rates, a relaxation claimed at COR and CRI by Donald Trump who does not loosen the pressure on the American central bankers.
The United States is approaching the moment when the Fed will have to lower its interest rates to support employment. Nevertheless, said Jerome Powell since the annual meetings of Jackson Hole, Wyoming (West).
His speech was eagerly awaited.
The boss of the monetary institution. For example. Nevertheless, who approaches the end of his mandate, is constantly flooded by the American president who wants to see interest rates decrease rapidly. Similarly,
The Head of State also seeks to reshape the committee which sets these rates (FOMC). For example. Therefore, in order to trump maintains pressure fed, more place people more in line with his vision of the economy.
Donald Trump said on Friday that he was ready to dismiss one of the Fed governors, Lisa Cook.
First African-American woman appointed to this position, Ms. For example, Cook is accused by a relative of the Republican of having falsified documents to obtain a mortgage.
“What she did is very bad so I will turn her if she does not resign. Consequently, ” Trump told a press briefing in Washington.
– “changed your mind” –
Since Wyoming, Mr. Powell has not kept any political comments. confining himself to the borders of his mandate: to fix interest rates so that inflation remains stable trump maintains pressure fed, more new (around 2%). that full employment is assured.
However. the customs duties set up by Donald Trump since his return to the White House jostle trump maintains pressure fed, more the American economy.
A “rapid” degradation of the labor market is not to be excluded. could “justify adjust the” monetary policy, “said Jerome Powell.
With this formula. the president of the Fed has clearly shown himself “Dovish” – the expression designating in English the central bankers followers of lower rate. according to Ryan Sweet, by Oxford Economics.
“Jerome Powell says in his own way that he has changed his mind since July. is now leaning in favor of a drop in September. ” said Heather Long, economist for the Navy Federal Credit Union bank.
– “delicate situation” –
In the meantime, an official report has shown that job trump maintains pressure fed, more new creations have melted in recent months. The publication was disparaged by Donald Trump who dismissed the director of the statistical service. arousing the stupor of her opponents and economists from all sides.
trump maintains pressure fed, more
The Fed is in a “delicate situation”, according to Mr. Powell. because the new taxes on imported products are starting at the same time to be passed on to the prices paid by consumers. at the risk of reviving inflation.
In theory, the risk of an inflation thrust encourages central bankers to leave their guiding rates unchanged at least. But if they believe that it is necessary to support the activity to avoid layoffs. they tend to lower the rates, which guide the cost of credit for companies and individuals.
The president of the federal reserve never firmly engages on a future decision. decided behind closed doors trump maintains pressure fed, more new between the 12 members of the FOMC. One of its missions. however, is to manage market expectations, indicating in which direction the next decisions of the Central Bank could go.
In this case. his speech trump maintains pressure fed. more convinced the markets that he was in favor of a drop in rate at the next Fed meeting, scheduled in less than a month.
Wall Street applauded his words. And more investors now anticipate the rate relaxation in September. according to the CME monitoring tool, Fedwatch: they are now a large majority (around 85%).
Donald Trump told him since the White House that Jerome Powell deserved the nickname he gave him “too late”. According to him, he had to lower the rates “a year ago”.
Posted on August 22 at 9:13 p.m., AFP
Trump maintains pressure fed, more new
Trump maintains pressure fed, more
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