Trump unhappy with the interest rate increase by the fed

Трамп недоволен повышением процентной ставки ФРС США

American President Donald trump believes that such a policy of the Federal reserve system may put US at a disadvantage.

The President of the United States Donald trump interview on CNBC criticized the actions of the Federal reserve system (fed), which has twice in 2018 raised the base interest rate.

According to the American leader, the ongoing fed policy may put US at a disadvantage.

“I’m not happy about this. Because every time the rate rises, they want to do it again. I’m not happy. But at the same time, I give them the opportunity to do as they see fit,” said trump.

We will remind, on March 21, the fed raised the interest rate to 1.5-1.75 percent per annum. On 13 June, the US Federal reserve raised the benchmark rate to 1.75–2%.

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