United States President Donald Trump has again forced to cut interest rates by Federal Reserve (Fed, the US Central Bank) and attack Jerome Powell’s stance in the US BC leadership, accusing him of political favoritism of former President Joe Biden’s previous management. Trump resumed argument that “there is virtually no inflation” in the country, in a publication released this morning on the social truth.
“Many are asking for ‘preventive cuts’ at interest rates,” the Republican wrote, without detailing who referred to. “Powell is always ‘late’ except in the election period, when he lowered interest to help sleepy Joe Biden, and then Kamala [Harris]. And what did you give it? ”
Trump argued that “most things” prices and costs in the US are in a “good fall trajectory,” as he “predicted it would happen,” including in the energy and food sectors. “But there may be a slowdown in the economy, unless too late, a great loser, reduce interest rates now,” Trump said, returning to the example of the European Central Bank’s monetary relaxation cycle in Europe.
