Trump calls for the Fed again to lower interest rates

US Consumer prices rose more than expectations in January. Consumer prices increased by 3 % in the year, for example, the forecast compiled by Reuters expected to increase by 2.9 % per year.

Feeling more intense, inflation turned into a significant decline in stock prices. For example, the world’s most watched stock index The S&P 500 and the technology -focused Nasdaq opened both percentage.

Earlier Wednesday President Donald Trump Required the country’s central bank (FED) to lower its control interests. Trump made his claim in his own In Truth Social Message.

According to Trump, the Fed’s interest rate drops could go hand in hand with future import duties. Trump has placed import duties on EU countries, Britain, Mexico, Canada and China. Customs are due to enter into force in March.

The Fed is an independent player and the president cannot formally influence its decisions. However, Trump has demanded interest rates in the past.

With this wound, the heels look very unlikely. On Wednesday, the market predicts that the Fed will hold its control interest rate of 4.25-4.50 % at the March interest rate meeting with a 97.5 % probability.

Fedin At the end of January, the Open Market Committee also decided to keep its control interest in the current range. At that time, Trump attacked the Fed.

According to Trump Jerome Powell And the central bank has failed to stop the problem it created with inflation. He did not directly mention the interest decision.

According to Trump, the central bank’s attention has been wrong.

“If the Fed had spent less time on dei, gender ideology, ‘green’ energy and climate change, inflation would never have been a problem,” Trump wrote in his Truth Social service.