Post by account_disabled on Mar 9, 2024 4:50:18 GMT -5
Financial markets are accustomed to the comments of the US president Close, but not possible to bite the elbow. Donald Trump renewed his criticism of the Fed, accusing the central bank of incompetence and calling FOMC officials "not his people." They just don't understand what they are doing! The level of inflation in the United States is low, but Jerome Powell and his team are raising interest rates. They are creating an unfavorable environment for the trade war with China! Random people are hardly going to hold Fed positions, right? But who cares if 3 out of 4 of them were appointed by the president himself? Trump thinks competent economists have chosen the wrong direction. - Hello! Donald, it has been reported that a madman is driving against. Be careful! - Just a madman? There are thousands of them here! LiteFinance: Donald Trump has fun with the whip | Litefinance Everyone hears what they want to hear. When the economy has slowed and the strong dollar is losing ground in the trade war, you unconsciously begin to hear the rhetoric of doves.
When US Secretary of Commerce Wilbur Ross adopted Trump's way of speaking, I understood who had been telling the President bedtime stories. Ross believes the Fed's actions to raise the rate in December were premature Paraguay Mobile Number List at best. The central bank may have made a mistake in thinking that the strong labor market would accelerate inflation, which in fact never happened. The trade minister appears to have made a mistake and added some extra zeros when paying his phone bill. He now has a tariff plan “talk – I don't want to!” and nothing to eat. LiteFinance: Donald Trump has fun with the whip | Litefinance White House adviser Larry Kudlow has been more discreet. He says Trump's opinion on the Fed's actions is just his personal opinion and not a call to action. Regarding the question of whether or not it is difficult for Powell to work under serious political pressure, Kudlow states that "he will handle it, he is a man!" Men are martyrs. They always suffer. Whether due to lack of women or abundance of them.
But most of the time it's nonsense. Unlike the Fed which is independent enough not to pay attention to Trump's monsters, other countries start to shake like an aspen leaf once the president of the United States has seen them: - I was passing by your house yesterday... - Thank you for not falling! LiteFinance: Donald Trump has fun with the whip | Litefinance The slogan "America first" has become "you can't" is only for those who ask. Once Trump wanted to solve the migration problem with Mexico "by proxy", he introduced tariffs on all imports. He wanted to talk to Xi Jinping in Japan, Osaka, he issued an ultimatum: "if you don't come, you will regret it." Protectionism turned out to be a much more efficient weapon than a border wall or previous presidents' agreements with China. However, neither Mexico nor Beijing can say they have not been warned: - Hey, bring me a cup of coffee! - Could you ask in a friendlier way? - Hey, bring me a cup of coffee, my friend! Perhaps the best thing about this story about Trump's interference with Fed policies and the lives of other countries is the reaction of financial markets. First, they were a little nervous, then they got used to it, and now they understand the White House's words as a joke.
When US Secretary of Commerce Wilbur Ross adopted Trump's way of speaking, I understood who had been telling the President bedtime stories. Ross believes the Fed's actions to raise the rate in December were premature Paraguay Mobile Number List at best. The central bank may have made a mistake in thinking that the strong labor market would accelerate inflation, which in fact never happened. The trade minister appears to have made a mistake and added some extra zeros when paying his phone bill. He now has a tariff plan “talk – I don't want to!” and nothing to eat. LiteFinance: Donald Trump has fun with the whip | Litefinance White House adviser Larry Kudlow has been more discreet. He says Trump's opinion on the Fed's actions is just his personal opinion and not a call to action. Regarding the question of whether or not it is difficult for Powell to work under serious political pressure, Kudlow states that "he will handle it, he is a man!" Men are martyrs. They always suffer. Whether due to lack of women or abundance of them.
But most of the time it's nonsense. Unlike the Fed which is independent enough not to pay attention to Trump's monsters, other countries start to shake like an aspen leaf once the president of the United States has seen them: - I was passing by your house yesterday... - Thank you for not falling! LiteFinance: Donald Trump has fun with the whip | Litefinance The slogan "America first" has become "you can't" is only for those who ask. Once Trump wanted to solve the migration problem with Mexico "by proxy", he introduced tariffs on all imports. He wanted to talk to Xi Jinping in Japan, Osaka, he issued an ultimatum: "if you don't come, you will regret it." Protectionism turned out to be a much more efficient weapon than a border wall or previous presidents' agreements with China. However, neither Mexico nor Beijing can say they have not been warned: - Hey, bring me a cup of coffee! - Could you ask in a friendlier way? - Hey, bring me a cup of coffee, my friend! Perhaps the best thing about this story about Trump's interference with Fed policies and the lives of other countries is the reaction of financial markets. First, they were a little nervous, then they got used to it, and now they understand the White House's words as a joke.