American stock indicators … a severe decline on the Wall Street Stock Exchange

American stocks on the New York Stock Exchange witnessed a severe decline on Wednesday after the statements of the Federal Reserve President Jerome Powell about the dark prospects for the country’s economy.
She recorded an additional decline after Jerome Powell said that the customs duties imposed by US President Donald Trump put the federal reserve in a “complicated position that makes our goal difficult for Monday.”

American stocks

The American Federal Reserve is seeking to balance the containment of 2% in the long -term average annual average and provide favorable conditions for full employment.
“The customs duties will undoubtedly lead to a temporary rise in inflation at least” with the possibility of “continued inflationary effects,” Powell said during an organizer at the Chicago Economics Club.

Financial markets

Donald Trump loudly raised the customs duties imposed on imports to the United States, which is 10% lower and up to 145% for many Chinese products.
Powell’s comments were also negatively over the semiconductor sector, which is already under the burden of the trade war launched by the American President. And it declined in this sector.
And the “Inviteia” group announced on Tuesday evening that its results for the first quarter of the postponed (February to April) are supposed to include exceptional expenses of $ 5.5 billion.
The group indicated in a document presented to the Financial Markets Committee that the US government informed it last week that it should have obtained a license to export some chips used in artificial intelligence technology to China and other countries.