Post by account_disabled on Mar 10, 2024 5:43:20 GMT -5
President of the United States criticizes the monetary policy of the central bank and stopped the "bulls" in the dollar for a while We are all strong until we face our weakness. The US dollar, with its high interest rates, strong economy and optimistic outlook for the stock market, really looked like a hero. In any case, as is known, the bigger it is, the harder it falls. Donald Trump seems to be the only person, who is not discouraged by the words: "Another comment like that, and you will never need your toothbrush again." As easy as he was with OPEC, he can interfere with the Fed and the entire currency market as well. LiteFinance: Forex responds to Donald Trump's verbal interventions | Litefinance It's easy for them (China and EU) to raise money as their currencies are falling! The Chinese yuan is falling like a stone off a cliff! It puts the United States at a disadvantage. I must admit that the president of the United States is right. Most U.S. corporations, having reported for the second quarter, blame the strong dollar, rather than import tariffs or U.S. trade wars.
The USD's rise by 6% since April worsens financial performance as a significant portion of revenue comes from abroad. How could it be otherwise if well-being is based on walking on another person? LiteFinance: Forex Bahamas Mobile Number List responds to Donald Trump's verbal interventions | Litefinance However, exporters' concerns are just the tip of the iceberg. Washington desperately needs money. Even the US administration had to admit that it had overestimated the fiscal stimulus. The budget deficit will expand faster than previously expected. Over the next ten years, it should increase by another $8 trillion, although in February, it was just over $7 trillion. The United States lacks economic growth to cover the tax reduction. - Doctor, what is the ideal height for my weight? - Four meters... I suppose that the inflation of the budget deficit was not the last reason for Donald Trump to criticize the Fed.
One of the factors of increasing the imbalance is the increase in interest payments, and the greater the rate increase of the Central Bank, The wider the gap between budget spending and US revenues will be. From there came “I'm not excited about it!” [the Fed's monetary normalization] of the president of the United States, It's as if all the representatives of the White House are trying like crazy to boost the GDP of the United States, and the Fed wants to delay them, raising the rate all the time. time. Never mind that with current US inflation and unemployment rates, they not only can, but need to tighten monetary policy. At least avoid the mistakes of their predecessors and avoid the uncontrollable growth of consumer prices in the United States. But, the leader of the White House has his own opinions about the laws of economics. He doesn't like bubble baths. That's why he runs it at an angle.
The USD's rise by 6% since April worsens financial performance as a significant portion of revenue comes from abroad. How could it be otherwise if well-being is based on walking on another person? LiteFinance: Forex Bahamas Mobile Number List responds to Donald Trump's verbal interventions | Litefinance However, exporters' concerns are just the tip of the iceberg. Washington desperately needs money. Even the US administration had to admit that it had overestimated the fiscal stimulus. The budget deficit will expand faster than previously expected. Over the next ten years, it should increase by another $8 trillion, although in February, it was just over $7 trillion. The United States lacks economic growth to cover the tax reduction. - Doctor, what is the ideal height for my weight? - Four meters... I suppose that the inflation of the budget deficit was not the last reason for Donald Trump to criticize the Fed.
One of the factors of increasing the imbalance is the increase in interest payments, and the greater the rate increase of the Central Bank, The wider the gap between budget spending and US revenues will be. From there came “I'm not excited about it!” [the Fed's monetary normalization] of the president of the United States, It's as if all the representatives of the White House are trying like crazy to boost the GDP of the United States, and the Fed wants to delay them, raising the rate all the time. time. Never mind that with current US inflation and unemployment rates, they not only can, but need to tighten monetary policy. At least avoid the mistakes of their predecessors and avoid the uncontrollable growth of consumer prices in the United States. But, the leader of the White House has his own opinions about the laws of economics. He doesn't like bubble baths. That's why he runs it at an angle.