• Tweeter

  • republish

Donald Trump is disappointed, it seems, by the speech of Jerome Powell, which he expected more support for the US economy. REUTERS / Carlos Barria

The US president is tweeting himself to the president of the Fed, the Central Bank of the United States. Donald Trump is disappointed, it seems, by the speech of Jerome Powell, which he expected more support for the US economy.

" As usual, the Fed did nothing! Would Jay Powell be a worse enemy than President Xi? ", Tweets an angry Donald Trump after the boss of the US Federal Reserve, which he has yet chosen to this post .

The US president was waiting for a very clear signal that the Fed would lower interest rates in September. US economic activity showing signs of weakness .

But Jerome Powell merely promised that the Fed would continue to support the expansion of the US economy that was not doing so badly. Without specifying either the extent of this decline in the cost of credit or its duration.

The big moneymaker also cracked a comment on the fact that the Fed could not, on its own, solve all the problems. In particular, the " trade conflicts " that caused, Jerome Powell said, a " deterioration in global growth ".

This allusion to the tax war led by Donald Trump to his Chinese or European partners did not please the White House host.

► See also: The IMF openly criticizes Donald Trump's trade policy