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UBS Global Wealth Management Portfolio Manager Angie Newman discusses market reactions in trade tension and advises customers and investors.
President Donald Trump On Friday, the Federal Reserve Chairman called Jerome Powell to reduce it with a full point of interest.
“Too late ‘is in the Fed!” Trump, truth wrote in a social article. “There is no cut in Europe’s proportions, none of us. Despite Him, our country is doing great. A full point, missile fuel!”
Trump’s task, after the release of the employment report of the labor department of the employment report, the employment report added by 139,000 workplaces per month. It was more powerful than the assessment of economists who received lines by LSEG, 130,000 jobs, but in April, more cool than a cooler than 147,000 jobs.
Jerome Powell, in Washington, the White House in Washington, November 2, 2017 in Washington, the White House in Washington, President Donald Trump speaks after his candidacy for the Federal Reserve. (Via Saul Loeb / AFP Getty Imags)
Work growth continued slowly in the economic uncertainty in May
Also follows the President’s reviews European Central Bank (ECB) decision to reduce interest rates on Thursday.
ECB has already lowered debt expenses to eight times or 2 percent, the point of this year, the Point of this year, the United States wanted to prepare an eurozone economy that fights against US economic and trade policy.
With Inflation is safe in the line 2% The target and cut well-flagged, focus on the spotlight, especially since 2%, the rates are neither slow growth nor slow down.
The plaque is seen outside the building of the European Central Bank in Germany. (Reuters / Wolfgang Rattay)
ECB reduces estimates as bets on a summer break
The President also said that a separate truth will be a separate public position, interest rates, reduce short and long-term interest rates on the “future” debt of the United States.
“If the Fed had” very late “, it would reduce interest rates, long and short time, long and short,” Trump wrote. “Biden, mostly went for a short time.
Federal Reserve Chair Jerome Powell answers a question at Washington’s Economic Club at the Renaissance Hotel in Washington, DC in DC (Reuters / Amanda Andrade-Rhoades / File picture)
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According to the market, the CME fedwatch tool, the FED awaits a degree of zero on a degree near a ratio after the next meeting of the Fed on June 17-18.
The latest drawers Powell required After the ADP to reduce interest rates on Wednesday, companies in the private sector added a total of 37,000 jobs in May. Figur was the lowest since March 2023.
Reuters contributed to this report.
