Did not solve the problems that caused

Did not solve the problems that caused

The US president accused the Federal Reserve of not “solving the problems it caused with inflation,” after he decided to keep interest rates unchanged.

The president of the USA, Donald Trumphe launched harsh criticism on Wednesday to the Federal Reserve (Fed) for maintaining interest rates without changes and accused the Central Bank of not “solving the problems it caused with inflation.”

In a post in his social truth network, Trump said The FED has done a “terrible work” and pointed out that the Treasury department will lead deregulation initiatives to “release credit” for US consumers and companies.

Trump held the Federal Reserve and its president, Jerome Powell, of Create the inflationary problem that they have failed to solve, and expressed their intention to stop the price rise, based on greater deregulation of the energy industry.

“Because Jay Powell and the Federal Reserve failed to stop the problem they created with inflation, I will free it Inflation: I will make our country again financially and in other aspects “, Indian.

Trump Tuit.jpg

On the other hand, he lashed out against the Fed for his Performance in banking regulation and announced that the Treasury will eliminate “unnecessary regulations.” “The Federal Reserve has done a terrible work in bank regulation. The Treasury will lead the effort to reduce unnecessary regulation and release loans for all US citizens and companies,” he said.

Trump also expressed his conviction that if the Federal Reserve had focused less on “diversity, equity and inclusion (DEI), gender ideology, green energy and what he called ´Falso climate change´, inflation does not It would have been a problem.

Source: Ambito

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