Speaking to journalists in Scotland Donald TrumpFED President Jerome Powell will leave his post “very soon” explained. “I will miss him,” Trump argued that if the interest rates falls, the US markets would be more attractive for investors. Powell, on the other hand, has not yet given a resignation signal and continues its cautious stance to protect the labor market.
Trump: I will miss him so much
Trump, Fed Just a few weeks after the renovation round of the central building, he reversed his attitude in his interview in Scotland. The President said that he could only dismiss Powell if he was found to be “proof of crime, and now he fueled the calendar speculation with the words“ he leaves soon ”. Prior to the FED Interest decision (FOMC) meeting on July 30, this output created a new uncertainty.
Trump said, “A smart person would download,” he said, referring to what the European Central Bank has made 11 interest rates. White House – Fed climbed the tension on the line. Powell continues his cautious stance with wage increases and anxiety of protecting employment. Crypto investors’ application – the reason will surprise you!
Tr Trump softened the phrase, “I will miss him very much,” he softened. Investors see the desire to rapidly reduce the interest of a more aggressive name behind this emotional emphasis. With global markets Crypto Money Market He also follows carefully when the possible change of duty will take place.
How will the interest rate reduction debate affect the US economy?
Trump, housing marketHe argues that he was crushed under high borrowing costs. According to his account, every 1 -point decrease in the policy rate will save approximately 360 billion dollars to consumers. Trump showed an example of serial interest rate cuts in Europe and other developed economies, stressed that the US performs well despite the zero reduction, but the demand for possible discounts rapidly increased.
Powell emphasizes fragility in the labor market. FOMC meeting As you approach, data show that the increase in employment continues, albeit slowly. Şahin members in the Fed argue that the wage pressure is still high. Therefore, a surprise on July 30 interest rate reduction Not expected. Nevertheless, Trump’s output can lead to the Fed’s review of future projections.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
