Wednesday, February 1, 2017

Fed Interest Rate Decision

"Trumps Economical Influence"


Feb 01, 19:00 GMT: U.S. President Donald Trump could dramatically revise the Federal Reserve's monetary policy outlook after the President reportedly told a group of pharmaceutical chief executives on Tuesday that countries such as China, Japan and Germany had deliberately weakened their currencies to make their imports cheaper and gain a trade advantage over the United States.

Even though these comments were rejected by the accused countries, Trump's comments suggest that the President prefers a weaker dollar and may lead to a more aggressive approach to the monetary policy and key appointments within the U.S. central bank.
 

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