He is taking back the statements made a few days ago by the US president about the dismissal of Fed chief Jerom Powell, saying he will choose his own candidate for the leadership of the United States Federal Bank, Donald Trump said in 12/06 (12/06). I do not know why it will be so bad, but I’m not going to do it, “the US president reiterated the complaints that the Fed has not moved fast enough to reduce interest rates, as more information has been shown to slow down inflation. “We call him too late, right?” Trump said, adding that he is frustrated by the fact that current interest rates increase the cost of lending to the federal government. The president stressed that the Fed can always raise interest rates if inflation returns. “Let’s say there was inflation. In one year by […]
Source: News Beast
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