Powell: The American federal would have reduced the benefit had it not been for Trump’s plan to increase customs tariffs
US Federal Reserve Chairman Jerome Powell said today, Tuesday, that the US Central Bank would have reduced its monetary policy by reducing interest rates by now, had it not been for US President Donald Trump to announce higher customs duties on the exports of many countries of the world. The controversial to increase the fees on imports earlier in the year, Powell replied: & quot, I think this is true & quot;, according to what the CNBC network reported & quot; The American.
& nbsp; Definitions & quot;. Regarding the impact of customs definitions on inflation before deciding to reduce interest rates, ignoring President Donald Trump’s demands to make an immediate and significant rate of interest.
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Powell said: & quot; Central in other countries, and urges the United States to move.
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Powell added: & quot; Trump’s repeated verbal attacks against him, Powell said that the Federal focus is 100% on inflation and employment, a statement that was applauded by those present at the conference organized by the European Central Bank, as well as from his colleagues on the platform from the European Central Bank, England Bank and other central banks. The benefit in isolation from the pressures of the elected politicians is essential to maintaining control of inflation. The federal is scheduled to hold its next meeting on July 29 and 30. Higher. This possibility explicitly, but it decreased again to approximately one in five after the issuance of strong unexpected data on vacancies in the United States.
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