Interest rates in the federal reserve on Wednesday also reduced the ratios of the European Central Bank for the fourth meeting in a row.
Section, as the FED was lowered with a full percentage, the president seized the gap in a low price, took the attention of Trumman’s attention. Last week ago, he once again did it because the chairman of the Central Bank’s chairman Jerome Powell “10 times” refused to relieve the policy “Numberskull” a Numberskull “
“We did not do anyway,” he said. “No one understands.”
The two central banks in the United States and Europe have just moved in different directions, only from the Trump administration, but other internal factors were affected.
Chairman of the US Federal Reserve Jerome Powell talks to Kristin Lagarde, President of the European Central Bank in Canada on May 20. (Photo by Cole Burston // AFP via Getty IMGS) ·Through Cole Burston / Getty Images
ECB, since the beginning of 2023, from the beginning of 2023, reduced the price of 2% to 2% from the lowest level since the beginning of 20123, is lower than two percent of the United States. He also pointed out that his ratio was close to the end of the cutting period.
Fed, in December 2024, 4.25% -4.5% reached the target range, and in the second term of Trump had to cut rates.
“The president will continue to be more and more grief about it,” said Wilmington Trust Chief Economist Luke Tiley.
Perhaps the main difference, how the two central banks are considering inflation. Politicians in the United States, as they walked inflation forecasts in spring, higher prices have already increased inflation forecasts in spring, despite the cost of the expected prices. The Fed will offer new predictions next week.
In Europe, on the contrary, ECB has cut inflation forecasts, and now inflation expects to fell to 2% this year before falling to 1.6% next year.
“The European Union is a cut, because inflation is less and there is a danger to growth,” Tilley said. “I say that it should be fed or cut, because inflation is low and there is a danger to growth, but they hold a little.”
The LPP Secretary Economist Jeffrey Roach, Fed, Fed, US consumers should act stronger than the European counterparts and the US politicians must act for politicians.
“Relatively stronger consumer demand, US inflation is slightly hotter than the euro region,” Roach said. “As the prospects for growth in the euro area are weaker, ECB is more sweetening because they have responded to economic pressure in Europe.”
ECB President Kristin Lagarde warned that trading tensions could lead to more volatility and risk indifference in financial markets that can move to increase the demand in Europe and reduce inflation.
The largest exports to the United States faced 10% tariff and Levies can increase up to 50% if the White House has reached an agreement on July 9th.
The split of global supply chains can increase inflation by pushing import prices and adding capacity restrictions in the local economy.
Unlike the United States, the Central Bank of Europe has no bilateral mandates. ECB only targets inflation, and the Fed should have protected both stable prices and maximum employment.
The Fed President Jerome Powell and many of these years of colleagues repeatedly said they were trying to push the tump higher inflation and growth, he said.
President Trump speaks in the eastern room of the White House on June 12. (AP Photo / Alex Brandon) ·Associated Press
But for some time, it has been a while for a while that has been a while or a while or later this year is more convenient than cuts or later, try to determine that any inflation from Trump’s tariffs will be long.
Some politicians are temporarily disputed to “look” as a position that will be temporarily to leave the door open for cuts. However, many believe that in the Tags Committee, the tariffs is a risk that inflation can be more persistent.
“If a good fed was a chairman, he told reporters at the beginning of this week.” And what do you know? If inflation has occurred in this year or two years, they will increase the prices. “
The President stressed that the United States has increased a large number of debts and low prices, which can be said to have lower interest expenses for the United States.
“If this guy cut the rates, we get a lower interest rate. It is incredible,” he said. “And are concerned about inflation.”
This year, the World Bank is expected to increase the uncertainty of trade tensions and politics this year, this year, the global growth of global growth in 2008 and about the lowest half percent of global recipes since 2008.
70% of the international organization’s economy – all regions and income groups have been reduced by growth forecasts, he said. However, global recession is not expected.
Dastin Reid, Mackenzie investments in the investment, under the assets of the head strategy, $ 150 billion in assets, “ECB said” he said, he said. “The tariffs will be very difficult for the European Union,” Reid said.
Reid on the Fed side thinks that September is a game for cutting proportion.
“I think that the labor market in the United States cracks a bit,” Reid said that this next week, Powell continues to play “if not surprised” at least a little open door. “
