The nervousness returns to the markets for Donald Trump’s new attack to the US Federal Reserve.
The futures of the most important indices of Wall Street They advance a new day in red. However, this time it does not seem to be motivated by the recent doubts for technology companies, but by the new attack of Donald Trump against the Federal Reserve (Fed)in the previous one at the beginning of the Jackson Hole symposium.
In the pre -opening on Thursday, the index Dow Jones de Industriales drops 0.30%; he S&P 500 loses 0.16% and The Nasdaq 100 0.08%is depreciated. It is a trend that is observed in European stock markets: the Euro Stoxx low 0.47%, the German Dax falls 0.25% and French cac 0.66%.
New pressures to the Fed
The president of United States, Donald Trump, on Wednesday asked for the resignation of the governor of the Fed, Lisa Cookand accused her of committing mortgage fraud.
It is not the first time that Trump’s administration accuses high -profile Democrats of mortgage fraud: he also did it with the California senator Adam Schiff and New York Attorney General Letitia James.
The Department of Justice, as the Fed and the Cook itself did not issue comments, were not yet presented.
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Jackson Hole started
This Thursday The Jackson Hole symposium will beginwhich since 1982 has the presence of the main central banks, headed by the president of the FED, Jerome Powell. Precisely, in this edition he focuses his interest in the figure of Powell, which remains under Trump’s fire, which seeks to move him from the monetary authority.
In that way, The markets will be pending any clue about the next decisions of the Federal Reservewhich will have its first monetary policy meeting on September 17.
In this sense, Powell’s intervention is particularly interesting for Fridaywhen the banker is expected to offer some clue about the evolution of interest rates in the US after the latest employment and inflation data in the US.
Source: Ambito
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