America’s interest rate policy: Trump thinks about being thrown out of Fed Chairman Powell


    President, Donald Trump has discussed a media report about the us Central Bank chief Jerome Powell throwing them out. Trumps disappointment over Powell had become after the interest rate increase on Wednesday and the months with losses in the stock market more, reports the news Agency Bloomberg, citing four with the operation of familiar people. The President had spoken privately in the past few days several times over a Fire of Powell.

    Christoph Schäfer

    responsible editor for business Online.

    F. A. Z. Twitter

    according to The report, his advisers dissuaded Trump of the step in the hope that the wrath of the President over the holidays blows over. Officially, the office of the President and the Federal Reserve did not wanted to Express the message.

    “Ridiculous” and “crazy”

    Trump self-Powell was nominated about a year ago as the Fed chief. In recent months, he criticised the policy of raising interest rates by the Central Bank under the leadership of Powell multi-sharp. “So far, my choice of Jay makes me not even a little bit happy,” Trump said a few weeks ago, the “Washington Post”. The actions of the Central Bank was “ridiculous” and “crazy.”