Trump said the Fed was "a bigger problem than China" for the economy



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The North American General Agent Donald Trump again attacked the Federal Reserve (Fed) by ensuring that it represents a "A problem more serious than China" for the country's economy, and said that he was "not a little happy" with the president of the central bank, Jerome Powell.

In an interview with the newspaper The Washington PostTrump emphasized his frequent criticism that the gradual rise in interest rates by the Fed is hurting the economy.

"I make agreements (commercial) and in the The Fed does not act accordingly. They make a mistakebecause I have an instinct, and sometimes my instinct tells me more than anything else's brain can ever tell me, "said Trump.

The US president said that he does not worry about the possibility of a recession in the country because their "trade agreements" will have a positive effect on the economybut said he regretted having named Jerome Powell this year as head of the Fed.

"For the moment, I'm not even a little happy with my selection of Jay. Not a little. And I do not blame anyone, but I think the Fed she is very wrong with what they do, "said the president.

The Trump's critics on the surprise Fed in economic and financial circles, given the Traditional respect that all governments have had regarding the independence of the central bank.

Until this year, the The Fed has increased its interest rates three times, reflecting the good health of the US economy.

At its last meeting, started this month, the Fed kept its interest rates unchanged, but badysts agree that it is more than likely that at its last meeting in the year, in mid – December, the US central bank orders a further increase in the price of silver in the country.

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