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From: Sally Ismail
Direct: US President Donald Trump has expressed his dismay at the interest rates that the US is paying to borrow on the bond market, Germany borrowing negative interest.
Trump wrote in a tweet on the social networking site "Twitter" on Wednesday that Germany pays interest "zero" and actually receives money to borrow money.
Germany today announced that it has sold for the first time a 30-year bond with a negative return (-0.11%) and a zero coupon.
The president compared that to his country, saying that although the United States, which has a much larger and stronger credit market, is paying interest, just ended the quantitative tightening cycle (hopefully) .
President Trump pointed out that the US dollar is the strongest in history, which is very difficult for exports, at a time when there is no inflation.
Although Trump has confirmed that the greenback is the highest level in its history, the dollar index, which tracks its performance against six other major currencies, is far from this presumed level recorded in the 1980s.
"Where is the Fed?", S & P quizzed the US president, marveling at the central bank's position on interest rates, perceived as high by Trump.
At the July meeting, the Fed lowered the US interest rate by 25 points during the July meeting, which was a first step since the global financial crisis and was between 2% and 2.25%.
Earlier in the day, Trump had written a tweet attacking the movements of the US central bank, claiming that the Fed and its president were the only problem of the US economy.
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