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US President Donald Trump again criticized the US central bank on Monday, describing the US Federal Reserve as the only economic problem in the country.
the economy has the Fed. They do not have the feeling of the market, "he said on his Twitter account.
The comment reiterates the position of the US president, who criticized the monetary policy of the central bank.
" They do not understand not the market, they do not understand the need for trade wars or a strong dollar, or even democratic border closures. The Fed is like a powerful golfer who can not score, "he said on the social network.
Despite repeated criticism from Trump, the Fed raised interest rates last week, causing a reaction of the markets
The behavior of the president violates a tradition of independence between the federal government and the central bank in the United States.
In recent days it has been badumed that Trump would suppress the post of Fed Chairman, Jerome Powell – a Reversed Reversal by the Government
The Trump Administration on Monday organized a conference call bringing together key US regulators to discuss financial markets, the department said. Steven Mnuchin, will host the Financial Markets Working Group Conference, known as the "Anti-Dive Protection Team."
Bloomberg News told the regulators
The day before, Mnuchin also telephoned the biggest American bankers to obtain the badurance that the banks are able to borrow, said the Treasury. the main banks on their financial health and talk to authorities that generally The crisis was aimed at calming the markets, it was not obvious Monday.
The eleven sectors of the S & P 500 index were trading in a downturn and all 30 Dow Industrials components fell.
But the volume of trade was low, markets close at 16 hours (Brasilia time) before the Christmas holidays.
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