Trump's criticism is not afraid that the Fed will quietly take the path of gradual growth rates钜 亨 网 – US stocks



According to Bloomberg, although US President Trump was not satisfied with the rate hike and even criticized several times, the Fed was always calm and unaffected and is still maintaining a gradual interest rate hike.

In a speech at the Jackson Hole Global Bank Annual Meeting on Friday, Fed Chairman Paul pointed out that the US economy is not at risk of overheating and there are no indications that inflation will rise to more than 2%. US interest rates are expected to rise gradually.

At the annual central bank meeting, some participants argued that the Fed should raise interest rates to prove its independence. Bauer must publicly call on Trump to stop responding to interest rates.

Esther George, president of the Federal Reserve Bank of Kansas, said last week that it is appropriate for the Fed to raise interest rates twice before the end of 2018.

George said: "The public must understand that the Fed is an independent institution, and most important is the operation of the system and our vision of our work."

George also stressed that Trump's criticism of the Fed has no influence on its decision-making.

Loretta Mester, president of the Cleveland Federal Reserve Bank, said last week that she is optimistic about the US economic outlook and that the gradual rate hike by the Fed is appropriate.

Mester pointed out that she has updated the estimates of gross domestic product (GDP) for 2018, "currently estimated at about 2.75% to 3.0%, close to 3.0%."

The minutes of the Fed (August) also showed that the policy rate is clearly aggressive and will maintain the current rate hike.

Trump complained to the Republican Gold Lord during a fundraising on August 17 that he expected Ball to be a Fed chairman who supported low interest rates, but it was not.

Trump also said in an exclusive interview with the media that the Fed should do something useful to the country when the United States conducts trade negotiations with other countries. "Must offer me some help."



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