During a press conference at the White House, the Republican pointed out that even without a reduction in the Fed Funds rate, “the American economy goes well”
United States President Donald Trump said on Thursday, 8, that the head of the Federal Reserve (Fed, the US Central Bank), Jerome Powell, “is not in love with me, but he would be reducing interest.”
During a press conference at the White House, the Republican pointed out that even without a reduction in the Fed Fuds rate, “the American economy goes well.”
“Talking to Powell is like talking like a wall,” added the US president. “Cut of the Bank of England (Boe in English), cut from China, everyone is cutting, except Powell. He is always delayed, so I call him ‘too late,'” he said.
Continues after advertising
On Wednesday, the US BC decided to maintain the interest rate 4.25% to 4.50% per year in the face of economic uncertainties with Trump’s tariff policy.
