Donald Trump criticizes the Fed again on the interests and declares that the American companies are an "opportunity" | Economy



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US President Donald Trump reiterated on Tuesday that the Federal Reserve, the US Central Bank, was increasing its interest rates very quickly. He then added that the country's companies were "the largest in the world" and represented a "tremendous" buying opportunity for investors.

"They raise interest rates very quickly because they believe the economy is doing very well, but I think they'll understand that very soon," Trump said. the press in the oval room of the White House, referring to the Central Bank of the United States

"I have a lot of confidence in our businesses.We have companies, the largest in the world, and they are The numbers are record-breaking, so I think it's a huge buying opportunity. "" Trump said after talking with US troops deployed overseas via teleconferencing

  • US government shares have fallen sharply in recent weeks due to concerns over slowing economic growth.Trump blamed the Fed, openly criticizing its chairman, Jerome Powell, who said he was "out of control." he has himself underlined [19659005] Press reports suggest that Trump has already discussed Powell's dismissal. In August, the president told Reuters that he was not "delighted" by the Fed chairman.

On Monday, Trump said that "the only problem of our economy is the Fed".

Fall of US indexes

The three major US stock indexes lost more than 2% the day before the Christmas holidays.

The S & P 500 has lost more than 19.8% of its closing value since September 20, just below the 20% threshold that normally defines a bear market.

As expected, the Fed again raised interest rates last week.

Treasury Secretary Steve Mnuchin convened a conference call with the President's Working Group on Financial Markets, an organization known informally as the "Fall Protection Team". market.

However, the meeting has more than rebadured the markets.

Teleconference regulators said they have not seen anything extraordinary about the financial markets in recent sales, according to sources familiar with the matter.

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