Trump attacks the Fed as "only problem"; The Treasury brings together regulators – 24/12/2018



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WASHINGTON (Reuters) – US President Donald Trump attacked the Federal Reserve on Monday, calling it the US economy's "only problem," and the authorities discussed stock market volatility in part because of the conflict between the president and the central bank.

Shares fell on Monday at the open of the markets, worried fears of a slowdown in economic growth, the closure of the government and the news that Trump

in a tweet that failed to calm the markets on the Fed's independence, Trump accused the economy of being at the root of the economic recession.

"The only problem of our economy is the Fed.It has no feeling for the market," Trump said on Twitter. she raising interest rates this year .

The only problem in our economy is the Fed. Stops of democrats over the borders. The Fed is like a powerful golfer who can not score because he has no contact – he can? T putt!

? Trump's management on Monday held a teleconference between key US regulators to discuss financial markets, the US government, said the Treasury Department.

The Treasury Secretary, Steven Mnuchin, would be the host of the Financial Markets Task Force conference, known as the "Diving Protection Team".

Bloomberg News said that regulators Mnuchin also appealed to the largest US bankers the day before and secured badurances that banks are able to "If Mnuchin's efforts aiming to bring the big banks together on their financial health and talk to the general meeting to deal with a crisis were to calm the markets, it was not obvious Monday.

The eleven sectors of the S & P index 500 were trading in a downturn and Dow Industrials' 30 components all fell.

But trade volumes were weak, markets close at 4 pm (Brasilia time) before the Christmas holidays.

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