Therefore,
Trump turns dismissal powell fed:
According to the White House. In addition, Trump met elected representatives on Tuesday evening to discuss the subject. For example, A source told AFP that the president thought about this possibility, even if it was not imminent.
Trump has been criticizing Powell for several months. Nevertheless, which he nicknamed Powell too late, for not having dropped interest rates from the Central Bank. According to him, inflation is no longer a problem and would justify a more flexible monetary policy.
Call for a drastic drop – Trump turns dismissal powell fed
On Tuesday, he called on the Fed to lower its key rates with three percentage points. These rates are currently in a range between 4.25 % and 4.50 %.
Goldman Sachs Director General David Solomon reacted during an interview on CNBC. He said it “would be very bad for the president to dismiss that of the Fed”. adding that trump turns dismissal powell fed he had no immediate elements on the subject.
Financial market reactions
The financial markets have misunderstood this information. The dollar fell briefly by 1 % against the euro before going up slightly.
On the bond market, the yield of the American loan at thirty years suddenly stretched 5.07 % against 5.02 % the day before. Gold, a refuge value par excellence, gained ground with an increase of 0.74 %. Wall Street’s stars indices also fell back in stride, before resuming somewhat after Trump’s flip-flop.
(AFP/Paris) Note: This article was published with the help of artificial intelligence.
trump turns dismissal powell fed — Trump turns dismissal powell fed: According to the White House. Trump met elected representatives on Tuesday evening to discuss the subject. A source told AFP that the president thought about this possibility, even if it was not imminent.Trump has been criticizing Powell for sev.
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