The US Central Bank leaves the key rate unchanged, despite President Trump had previously demanded loudly for a reduction. Fed Chairman Powell stressed the non-political Status of the monetary policy.
The US Central Bank, the Fed leaves the key interest rate is constant and thus the claims of President Donald Trump, after a reduction, a cancellation. The guardian of the currency, to Fed Chairman Jerome Powell left the monetary policy key rate in the range of 2.25 to 2.5 percent.
At the same time, they announced that monetary policy decisions are "patient" to act. This key word is as the touch of a Finger, that the Central Bank plans no further increases, but no cuts, as demanded by Trump. "As you know, we are a non-political Institution," stressed Powell in front of the press. Short-term considerations of a political nature would be lost in the decision-making of the Central Bank nothing. "We are comfortable with our monetary policy stance", said the Central Bank chief.