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The US president insisted Wednesday on the attacks on the US Federal Reserve (the Fed), saying it "was a bigger problem than China" for the US economy , saying that there was "not a single problem". not happy "with the president of the institution.
In an interview with The Washington Post, Donald Trump repeated his criticism of the Fed headed by Jay Powell, saying that the steady rise in interest rates is hurting the US economy. "I think the Fed is a much bigger problem than China," Trump said, adding that China was "very eager to reach an agreement" with China to reduce bilateral trade tensions.
I do business [comerciais] and the Fed does not act accordingly. You make a mistake because I have an instinct and sometimes my instinct tells me more than you can ever tell me the brains of someone else, "added the president. American.
Without worrying about the possibility of a recession in the United States, as its "trade agreements" will have a positive effect on the economy, Donald Trump expressed regret at naming Jay Powell to the head of the central bank this year.
"I'm not at all happy with my choice of Jay Powell, not at all, I do not blame anyone, but I think the Fed is very wrong about what it does," he said. Trump's comments against the Fed surprised US economic and financial circles, given the traditional respect that all US governments have had for the central bank's independence.
On Friday, Trump expressed his dissatisfaction with Treasury Secretary Steven Mnuchin, who questioned the choice of a central bank president whose policy of raising interest rates could threaten his reelection in 2020.
The information was published by The Wall Street Journal, based on unidentified sources, adding that Trump accused Mnouchine of unrest on the stock markets and chided skepticism about his methods of shock in trading relations.
During his talks with his advisers over the past few weeks, Trump has openly asked if he should have named the president of America's largest bank, JPMorgan Chase, although he said he was smarter than the millionaire of real estate, Mnuchin, former banker of Goldman Sachs, fund manager and film producer.
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