Donald Trump He wants the federal reserve Low interest rates Before the economy feels the effects of comprehensive definitions.
The president’s comments came yet Federal Reserve Chairman Jerome Powell On Wednesday, the prices will remain fixed amid “unusually high” uncertainty surrounding Specific definitions.
“The Federal Reserve will be better off to cut off cut rates when Ustarifs begins to move (easily!) On their way to the economy. Do the right thing,” Trump posted on the social media platform.
Economists, companies and Trump have acknowledged that the customs tariff can cause consumer prices in the United States. He was Powell Confirm definitions It also plays a pivotal role in the approach to waiting and looking at the Federal Reserve.
“We believe that our policy is a good place to respond to what comes,” said Powell in A. A press conference after preparation. “We believe that the right thing to do is wait here for more clarity about what the economy does.”
Because Powell, although the customs tariff can raise inflation in the short term, the effects will calm over time. But decrease rates with tariffs may cause more inflation, CNBC said.
“Given the future, the new administration is in the process of implementing major changes in politics in four distinct areas: trade, immigration, financial policy and the abolition of organizational restrictions,” Powell said. “The net impact of these policies is what matters to the economy and the path of monetary policy.”
Trump also published that April 2 is “Liberation Day” – referring to his implementation plan Mutual definitions On that day.
“It is a day of liberation for our country because we will return a lot of wealth that we have surrendered with foolishness to other countries, including a friend and enemy,” Trump told reporters on Monday. Washington Post.
