[ad_1]
In an interview released Thursday on CNBC television, Trump said the Fed had slowed the economy by raising interest rates.
After these words from Trump, the dollar returned the gains that it earned during the day, and the return on treasury shares dropped.
Trump said that in January 2017,
Two increases in interest were made after the election of Jerome Powell, who was appointed by Trump for the former president Fed Janet Yellen.
Powell said during his speech in Congress earlier this week More signal from two interest rate hikes
Bloomberg illustrated Erdogan
Trump's words raised concerns about the independence of the Fed.
Former Presidents Bill Clinton, George W. Bush and Barack Obama of Trump, monetary policy about refrained from making public statement.
George HW Bush had been under pressure for the Fed's interest downloads in the early 1990s.
A New Economic News Agency Based in New York Bloomberg, the news on the subject President Turkey's Recep Tayyip Erdogan the central bank said that the exception leaders do not pay attention about the independence.
Erdogan said Turkey's central bank is expected to cut interest rates in an interview with Bloomberg in May.
[ad_2]
Source link