‘We’re Going to Respect the Process’: Top White House Official Softens on Fed Rate Hike
13 Articles
13 Articles
The White House called the decision by the US central bank (Fed) to raise interest rates by 25 basis points, to a range of 3.75-4%, “unfortunate,” despite pressure from US President Donald Trump to cut them. “The Federal Reserve’s rather unfortunate decision to raise interest rates today is not based, in the administration’s view, on a particularly compelling economic argument,” Khush Desai, deputy White House press secretary, told Fox News. It …
‘We’re going to respect the process’: Top White House official softens on Fed rate hike
President Trump considered that the decision of the US monetary authority is not supported by convincing economic arguments. The measure already impacts the Argentine Country Risk.
The US Federal Reserve (Fed) decided today to raise its key interest rate by 25 basis points, to a range of 3.75%-4%, in a move that had been anticipated by financial markets but came up against pressure from US President Donald Trump to reduce borrowing costs. This is the first interest rate increase ... More www.ertnews.gr
The White House described as “unfortunate” the decision of the US central bank (Fed) to raise its interest rates by 25 basis points, to a range of 3.75-4%, despite pressure from US President Donald Trump for a reduction. “The rather unfortunate decision of the Federal Reserve (Fed) to raise interest rates today is not based, in our view […]
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zougla.grThe White House described as "unfortunate" the decision of the US central bank (Fed) to raise its interest rates by 25 basis points, to a range of 3.75-4%, despite pressure from US President Donald Trump to reduce them.
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