In a publication posted on Truth Social on Monday, the President of the United States (United States), Donald Trump, expressed his criticism of the FBI’s federal reserve policy (Fed) and accused the President of the Federal Reserve Jerome Powell To reduce interest rates in late 2024 for political purposes.
“Preventive discounts in interest rates are called by many costs,” Trump said.
“With these costs go down well, just what you expected they will do, there can be almost no enlargement, but there can be a slowdown in the economy unless it is too late, and a large loser, reduces interest rates, now. Europe has already decreased” seven times. “
Market reaction
the US dollar (USD) is still under constant selling pressure on Monday. At the time of the press, the US dollar index decreased by 1.2 % a day at 98.20.
