The Federal Reserve report in Jerome Powell Share the Federal Reserve Medical Report.
President Donald Trump on Tuesday issued the Federal Reserve, the Central Bank should reduce interest rates.
“The interest rates should be reduced, something that could accompany the next tax prices !!!” Trump said on the post office for the truth. “Lets Rock and Roll, America !!!
The President’s comments come on the day of Jerome Powell’s chairman said in Capitol Hill that the Bank does not require the “hurry” to reduce interest rates.
Federal Reserve holds strong interest rates between inflation uncertainty
“We need not improve converting our policy condition,” said Powell in front of the Senate Banking committee on Tuesday. “We know that policy reduction is very fast or too fast can prevent inflation. At the same time, reduce policy restraint or employment.”
The Federal Reserve Chairperson Jerome Powell was confirmed before the Senate Banking committee on February 11, saying Central Bank does not require quick preparation for the policy of the policy. “ (Mandel Ngan / AFP Via / Getty Photos)
Official authorities, at the latest assembly in January, held the measurements of benchmark Federal Federal Feds in 4.25% to 4,5%.
Trump says he will not burn Chairman Jerome Powell
Following the three consecutive interest rates in the most recent bank meetings – including 50 points on September and the reduction of 25 points in November and December.
January’s statement that the FED continues to pursue its two priority and inflation at 2% over a long run. Never may “economy be sure, and the committee ignores the dangers on both sides of his authority.”
Shipped on Wednesday of Trump is not the first time that the President has commented on interest rates this year. He said during a talk of the world’s economic stadium in January that he planned to reduce oil prices and, and, prices deal with inflation – he said he should serve as the Fed mass.
“At the price of oil prices.
Speaking before the economic forum in Davos, Switzerland, Trump said he would call prices in low levels. The sign that is likely to set up a potal reserve.
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A journalist asked for a seat in the sole if Trump transfered that requires him, and had an answer or the result of the president.
“I will not have the answer or comment on anything in the president. It is not appropriate to do so,” said Powell.
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