Despite the additional pressure of the former president Donald Trumpthe The Federal Reserve of the United States (FED) announced this You will keep your interest rate without changes, any It will remain in a range ranging between 4.25 % and 4.5 %.
Federal Open Market Committee Voice unanimously to maintain the main rate Without movements, in a context characterized by the political pressure practiced by Trump, who even threatened Jerome Powell, the Federal Reserve Chairman, if the prices are not reduced.
However, the Foundation reaffirmed its independence and commitment to the dual state Control of inflation and enhancement of employmentUsing as a major tool for interest rate policy.
the Federal Reserve He pointed out that the differences in clear exports do not seem to affect the stability of economic activity. This is due to the sudden increase in imports recorded in the first quarter, before the implementation of Trump’s “Liberation Day”.
Trump’s pressure against the Federal Reserve
Donald Trump He pressed the Federal Reserve to reduce interest rates, on the pretext that the financing costs are very high and affect economic growth. Your insistence is due to several factors:
- Economy strengtheningTrump argues that the reduction in interest rates would stimulate consumption and investment, which will enhance the American economy.
- Facing the effects of definitionsTrump’s commercial policy led to uncertainty and has sparked import costs, which may increase inflation. Reducing rates will help reduce these effects.
- Political pressureTrump has publicly criticized the Federal Reserve and its president, Jerome Powell, threatens to expel him if the prices are not reduced. This has caused concerns about the independence of the central bank.
- Inflation and employment: Despite the low inflation compared to previous years, the Federal Reserve warns that the risk of increasing prices and unemployment still exists, which holds the decision to reduce prices.
Despite the pressure, the Federal Reserve maintained its position of not reducing interest rates, setting priorities for economic stability and controlling inflation.
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