Donald Trump with a new jab at Fed

27.08.2019 / 20:10

Rating:

Donald Trump has tweeted again, keeping his pressure on the central bank

"The Federal Reserve likes to watch our producers suffer from their exports at the expense of other parts of the world. Has anyone looked at what almost all other countries are doing to take advantage of the good old US? The Fed has been wrong for too long ! "

Earlier today, the president of the Fed in New York, William Dudley, said the central bank should not help Trump in his devastating attempt to escalate the trade war. "He even suggested that the Fed not try to influence the election. it does not cut interest rates further in 2020. He says Trump's re-election threatens the US and the global economy, as well as the Fed's independence.

The Fed replied:

"Fed's actions and decisions guide only the congressional mandate and aim to maintain price stability and maximum employment."

Oh my God...

US stocks are near the bottom of the session.

Trader Aleksandar Kumanov

Read more:

RECCOMEND WAS THIS POST USEFUL FOR YOU?
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.

WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.

Varchev Finance

Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.

Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006

The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

Disclaimer:

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Donald Trump with a new jab at Fed

London

Universal numbers