OTHER PHOTOS: US President Donald Trump appears to be Jerome Powell, US presidential candidate. The Federal Reserve speaks at Washington's White House on November 2, 2017. REUTERS / Carlos Barria / Photo Gallery
Donald Trump estimates the probability The president of the Federal Reserve is dismissed (Fed), Jerome PowellAfter the body's decision Increase interest rates this week, this Saturday announced CNN.
According to the two government sources, the news network, according to the US president with "angry" Fed and asked for advice his advisers, like the president, it can legally disrupt the maximum liability that is responsible for monetary policy America
It was Powell Selected by Trump Fed and president started working for a four-year term in February this year.
This week, unanimously, the Fed decided to increase the quarter-point proportions, In the United States, the price of the money 2.25 and 2.50 percentby what they do over the last ten years first world economy.
The US Central Bank has taken that step without seeing Trumpu, who wants the Fed to make a "new mistake" with an increase in interest rates.
The president has repeatedly complained that Powell's government-sponsored gradual monetary regulation is a threat to the US economy's acceleration.
The president's criticisms have violated traditionally respect for the independence of monetary policy from the White House and surprised markets and analysts.
Powell, in his turn, was afraid to answer the president and insisted on a good economic situation in the country with 3.7 percent of the unemployment rate, at least a half-century minimum and annual inflation target. 2%
But in recent months, Wall Street has shown signs of weakness, and Dow Jones, the key figure, dropped 12% since October.
Last Wednesday, the Fed raised the interest rate to 0.25 percent – the fourth-quarter rise – at 2.25-2.5 percent. However, he warned that he would be careful in the future, because next year, in principle, they only double the amount.
Since December 2015, the Central Bank has increased its base rate by eight times, reaching 2.50% after almost eight years to help the United States after zero. Exit from the 2008-2009 decline.
This policy has been paid and the economy has been restored. In fact, now unemployment has dropped to 3.7 percent annually, and consumption is rapidly rising.
The Fed began steadily increasing rates to prevent the economy from fevering and increase annual inflation by more than 2%.
But in recent months, the United States has been facing potential challenges until the Trump trading wars slow down China's growth and crushing as a result of a divorce between British and European Union (Brexit).
Numerous indications show that the US economic growth will reach its peak. This idea shook the markets in recent weeks and lost in earnings in Wall Street.