On Tuesday, the president of the Fed, Jerome Powell, reiterated at an audience with senators in Congress that the institution has no “hurry to adjust” the monetary policy.
Without yielding to the pressures of President Trump and in a context of stable economic indicators, with just a slight rebound in inflation, the directors of the Central Bank decided at the end of January to maintain the rates between 4.25% and 4.50%, still above Its long -term objective of 2.0%.
“We know that more quickly flexible politics or too much could hinder progress in inflation,” Powell said.
Trump has little direct influence on the Fed, but since he returned to the White House on January 20 he has several times a reduction in rates.
On Monday, the Trump administration established 25% customs tariffs on steel and aluminum imports.
The president has also threatened with generalized tariffs to all the products of the main commercial partners of the United States, measures that would probably raise prices in the country.
