According to US President Donald Trump, the only important issue for the American economy is the actions of the US Federal Reserve System (FRS).
The head of the White House believes that it is irrational actions on the part of the regulator that create problems for the US economy. "The Fed does not feel the market, does not understand the need for trade wars or the strengthening of the dollar," D. Trump said.
The Bloomberg agency, citing informed sources, stated that the American leader was dissatisfied with the Fed's decision to increase the interest rate. In connection with the above, the head of the White House admits the possibility of dismissal of the regulator's chairman Jerome Powell.
Recall that at the last meeting, which took place on December 18-19 of this year, the Fed, as expected, raised the base interest rate to 2.25-2.5%. This increase is the fourth in a row for 2018. According to the plans of the regulator, in the next year, two more rates are expected to rise.
The material has been provided by InstaForex Company - www.instaforex.com