The tenant of the White House sparked an economic earthquake by announcing massive customs duties on goods imported by the United States, before largely reversing in front of the upheaval of the international economic order.
“There is practically no inflation, money of customs duties between the United States,” added the American president on Thursday on Truth Social.
The Fed and especially its president face repeated criticism from Donald Trump, who wants to see the rates drop, which would have the merit of damaging the impact of customs duties, at the risk of nourishing inflation.
-Jerome Powell, boss of the American federal reserve, does not give in to Trump and do not touch the rates
The presidential statements “do not affect our work at all,” assured Jerome Powell on Wednesday.
“We consider, he added, always only economic data, perspectives, risk balance and that’s it. So that really does not affect neither our work nor the way in which we execute it”.
