US President “Donald Trump” expected the interest reduction at a significant pace at the Federal Reserve meeting this week, despite the large -scale market expectations of only 25 basis points.
Trump told reporters on Sunday upon his return to Washington, saying: I expect a significant reduction in the interest, that it is an ideal time to reduce it, so it was reported. “Bloomberg“.
And if the Federal Reserve moves as expected at its meeting that starts tomorrow and ends on Wednesday, it will be the first reduction in the interest in nine months, amid Trump’s continuous pressure since his return to the White House.
The recent economic data supported the expectations towards the federalism towards reducing interest, as it showed the slowdown in the labor market, and that inflation is still higher than the 2%federal target.
