Moscow, September 11 – AIF-Moscow.
US President Donald Trump believes that the Fed should reduce the base rate “to zero or lower,” the head of the White House wrote about this on his Twitter.
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Trump indicated that the federal reserve system should reduce the interest rate to zero or lower, after which interest costs can be reduced.
The Fed meeting is scheduled for September 17-18.
Fed Chairman Jerome Powell had not previously ruled out the introduction of a negative rate if it was dictated by economic feasibility.
Trump in his post indicated that the current rate in the US is "the cowardice of Jay Powell."
Earlier, the US president announced why he dismissed National Security Assistant John Bolton.