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Jerome Powell, Fed director, targets criticism of President Donald Trump September 25, 2018 – GETTY IMAGES NORTH AMERICA / AFP / Archives
US President Donald Trump again attacked the Federal Reserve's monetary policy on Tuesday, blaming markets for high interest rates in British Columbia
. Stock indexes were heading for their worst performance in December since the Great Depression of 1929, Trump regularly criticized the Fed for its economic management.
"They are raising rates too quickly because they think the economy is too much," Trump told the press at a question-and-answer session after his annual Christmas teleconference with the American troops.
"But I think you'll understand very quickly," added the president, who called the Fed, should be run independently of the government, "crazy" and "out of control."
Trump's comments come after the fall of the Asian markets as a result of fears over the US economy and a partial paralysis of the federal government in Washington, which is on its fourth day.
Closed on Monday for a national holiday, the Tokyo Stock Exchange opened lower on Tuesday and stifled its worst closure since April 2017 after a brutal and abrupt session
International markets were affected by uncertainties in the United States. Treasury Secretary Stephen Mnuchin has been criticized for maintaining his contacts with the six largest banks in the United States. USA and then informed by Twitter that the six general managers had badured him that they had "sufficient liquidity".
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