US Economy: Fed Interest Rate Decision: Experts See Credibility Safeguarded

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After three years, the US Federal Reserve raised its key interest rate for the first time. Experts believe that this is the right signal against continued inflation. Only US President Donald Trump is raging. He accuses the Fed of political motives.

Handelsblatt

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The doubts about his independence from the U.S. government were great. With the current rate hike, the Fed boss shows that he is not a White House vicar.

BITRSS

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According to ChainCatcher, Jean Boivin, head of the BlackRock Investment Institute, pointed out that the market may have overinterpreted Federal Reserve Chairman Warsh's remarks at the post-meeting press conference. Boivin stated that the Fed established the new chairman's credibility through interest rate hikes and emphasized the strong performance of the US economy.

wiwo.de

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Why higher key interest rates, according to economist James K. Galbraith, do not slow inflation, why the production gains of artificial intelligence could fall from statistics, and what Fed boss Kevin Warsh should do now.