The United States Federal Reserve held on Wednesday without changes the rates for the fifth consecutive time, in a new challenge to the President Donald Trump who asked to lower them, but two governors of the Central Bank disagreed from the decision.
The Fed maintained interest rates reference in a range between 4.25 and 4.50 % despite Trump wants to reduce up to three percentage points.
In a statement the central bank explains having taken this decision because “the Recent indicators suggest than the Growth of economic activity He moderated in the first semester of the year”
The uncertainty It is still highhe adds.
Six weeks earlier, the Central Bank had declared that the uncertainty had decreased.
The decisionwidely expected by investors, It was not unanimous.
Of the Twelve members of the Federal Open Market Committee (FOMC), Two voted againstan unpublished situation in more than 30 years.
Michelle Bowman and Christopher Waller They disagreed. The specific statement advocated by a Type of a quarterfinal types percentage.
Both governors amounted to their positions during the first mandate of Donald Trump In the White House, from 2017 to 2021.
Bowman was recently appointed, at the initiative of the president, Vice President of the Federal Reservein charge of Supervise the banking systemand it is believed that Waller could happen to the current president Jerome Powellhighly criticized for Donald Trump.
Powell emphasizes not having Hurry to lower the types
The president of the Federal Reserve, Jerome Powellhe stressed on Wednesday – after his body has decided to maintain the types – that his current policy is well positioned to continue enduring waiting real impact of tariffs Trump driven.
“If we cut the guys too soon, we may not have managed to end the inflation. The story is full of examples that, if they cut too late, the labor market is perhaps unnecessarily damaged. So we are looking for the right time, “he said at a press conference.
Powell said that although it is having greater Clarity about Trump’s tariff policy“there is still much to understand” what will be the final percentages and if they will cause a persistent inflation.
“The effective level of tariffs does not fluctu Fed It is well positioned to learn more about the probable course of the economy and changing risk balance Before adjusting your policy.
