قالب وردپرس درنا توس
Home / Business / & # 39; Bold plays pieces in a chess world & # 39;

& # 39; Bold plays pieces in a chess world & # 39;



Ahead of important meetings for central banks in both Europe and the United States, one of President Trump's top economic advisers unloaded on the Federal Reserve.

<p class = "canvas-atom canvas text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "" Bold plays pieces in a chess world here to me, "says Peter Navarro, director of the White House Office of Trade and Manufacturing Policy, told Yahoo Finance & nbsp; Final Round & nbsp; (video above)." All I hear from the Fed is "Oh , there is somehow excitement in trading "- which we think is ridiculous." "Data-reactid =" 1

6 ">" The Fed is playing chess pieces in a chess world here for me, Peter Navarro, director of the White House Office of Trade and Manufacturing Policy, Yahoo Finance told its latest round (video above). "All I hear from the Fed is 'Oh, there is some kind of excitement in trading' – which we think is ridiculous."

Federal Reserve will meet next September 17-18 to assess an interest rate cut Before that, the European Central Bank (ECB) will meet on September 12 and is expected to approve a number of stimulus measures to tting the debilitating European economy.

The White House Trade Advisor Peter Navarro outside the West Wing of the White House. REUTERS / Leah Millis

<h2 class = "canvas-atom canvas text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " & # 39; We need the Federal Reserve to lower interest rates & # 39; "data-reactid =" 29 "> & # 39; We need the Federal Reserve to lower interest rates & # 39;

Navarro argued that the US central bank should follow the lead of Europe by facilitating monetary conditions.

"We need the Federal Reserve to lower interest rates," Navarro said. "I hope they will go 50 basis points [in September] and 100 by the end of the year."

He added that "every time a central bank changes its interest rate policy, other central banks must decide whether to match it" Because "it is a form of monetary mercantilism against the United States. "

<p class =" canvas atomic canvas text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm "type =" text "content =" Navarros widths came just hours after it US Central Bank Governor Jerome Powell stated that "the US economy has continued to perform well." Speaking & nbsp; in Zurich . Powell added that "the most likely outlook for our economy is still favorable." "Data-reactid =" 33 "> Navarro's broad pages came just hours after US Governor Jerome Powell stated that" the US economy has continued to perform well. "Speaking of Zurich, Powell added that the" most likely outlook for our economy is still favorable. "

<p class =" Canvas Atom Canvas Text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm "type =" text "content =" Navarro's rhetoric echoed President Trump, which & nbsp ; tweeted Friday : "Where did I find this guy Jerome?" The president nominated Powell for his post in 2017. "data-reactid =" 34 "> Navarro's rhetoric repeated President Trump, who tweeted on Friday:" Where did I find this guy Jerome? "The President nominated Powell for his post in 2017.

<p class =" canvas-atom canvas text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm "type =" text " content = " Ben is the DC producer for Yahoo Finance. Follow him on Twitter @benwerschkul . "Data-reactid =" 35 "> Ben is the DC producer for Yahoo Finance. Follow him on Twitter @benwerschkul .

<p class =" canvas-atom canvas-text Mb ( 1.0em) Mb (0) – sm Mt (0.8em) – sm "type =" text "content =" Read more: "data-reactid =" 36 "> Read more: [19659013] <p class = "canvas-atom canvas text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " Follow Yahoo Finance at Twitter Facebook Instagram Flipboard SmartNews LinkedIn YouTube and reddit . "data-reactid =" 41 "> Follow Yahoo Finance on [19659014] Twitter Facebook Instagram Flipboard SmartNews LinkedIn YouTube [19659032] and reddit .


Source link