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Live updates: The latest in Trump's presidency, as sources say, national security advisor Waltz will leave the administration

The finance minister Scott Bessent said today that lower returns and slower inflation indicate that the Federal Reserve should reduce interest rates.

“We see that the two-year prices are now below the Fed fund rates. “We had some great inflation numbers. We had the greatest decline in energy prices for a single month in years.”

According to the numbers: The return of the 2-year-old US Ministry of Finance was 3.56% according to the market, compared to the Fed's credit regeneration at around 4.33%. Yesterday, the trade department reported that the price index of personal consumption – the Fed favorite Inflation display – recorded an annual interest rate of 2.7% in February in March.

Trump repeated: Bessent's comments come when President Donald Trump recently attacked the chairman of the Federal Reserve, Jerome Powell, and only warned after the consultation that Trump warned that the end of the central bank boss would legally and economically relegated, said sources that were familiar with the matter.

It is unlikely that it will change: However, FED officers have not signaled that they are still ready to resume the loan costs. It is generally expected that the central bank will be at its assembly of politics in the next week and a holding pattern began in January. Last year, the FED reduced its key interest rates by a full percentage point.

The Fed kept the uncertainty about President Donald Trump's comprehensive economic agenda and the descent of inflation, which is exposed around the turn of the year. In order for the FED to start cutting again, the central bankers either have to continue to slow inflation or unemployment increases more than expected.

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