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WASHINGTON – President of the United States Donald Trump, reiterated on Tuesday that the Federal Reserve, the central bank of the United States, was increasing its interest rates very quickly, but added The country's companies were "the largest in the world" and represented a "tremendous" buying opportunity for investors.
"They're raising interest rates very quickly because they think the economy is doing very well, but I think they'll understand that very soon," Trump told reporters in the oval lobby. the White House, referring to the US central bank. "I have a lot of confidence in our businesses, we have some of the biggest companies in the world, and they are doing very well, they have record numbers, so I think it's a great opportunity." "Huge purchase," Trump said after talking to US troops overseas for a videoconference.
US stocks have fallen sharply in recent weeks because of fears of weaker economic growth. Trump blamed the Fed, openly criticizing its president, Jerome Powell, whom he himself pointed out.
Press reports suggest that Trump has already discussed Powell's dismissal. The president told Reuters in August that he was not "delighted" by the Fed chairman.
Monday, Trump stated that "the only problem of our economy is the Fed" . The three main US stock indexes closed down more than 2% on the eve of the Christmas holidays . The S & P 500 has lost more than 19.8% of its closing value since September 20th. Already yesterday, the Nikkei index of the Japanese stock market fell by 5% .
As expected, the Fed raised interest rates again last week . Treasury Secretary Steve Mnuchin held a teleconference with the President's Working Group on Financial Markets, a body known unofficially as the "Fall Protection Team", which usually meets in times of high market volatility.
However, the meeting has more than rebadured the markets. Regulators at the conference said they did not see anything extraordinary about the markets in recent sales, according to sources familiar with the matter.
Wall
Trump also baderted yesterday that the partial stoppage of the federal government would be maintained until its funding obligation for the construction of a wall at the border with Mexico be fulfilled.
The US government was partially paralyzed on Saturday and there is no indication at this time that efforts are being made to reopen agencies that have been closed by the political stalemate generated by Trump's request for funding. for the construction of the southern border. "I can not tell you when the government will reopen," he said. The construction of the wall was one of Trump's most repeated campaign promises, but Democrats strongly opposed it. (F, b, e, v, n, t, s) {if (f.fbq) returns; n = f.fbq = function () {19459007} [196459007] {n.callMethod? n.callMethod.apply (n, arguments): n.queue.push (arguments)}; if (! f._fbq) f._fbq = n; n.queue = n.loaded = 0; n.version = 2.0 & # 39 ;; n.queue = []; t = b.createElement (e); t.async =! 0; t.src = v; s = b.getElementsByTagName (e) [0]; s.parentNode.insertBefore (t, s)} (window, document, script, // connect.facebook.net/en_US/fbevents. fbq (& # 39; init & # 39; ;, & # 39; 1659995760901982 & # 39;); fbq (& # 39;; & # 39;; PageView & # 39;);
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