The head of the Federal Reserve System, Jerome Powell, in his recent comments stressed that the strong US economy gives the central bank the opportunity to be cautious about changes in interest rates. According to Powell, the economy is in good condition, and there is no reason to expect changes in this direction. At the same time, despite the reduction in interest rates by the Fed, the cost of borrowing for citizens has not changed significantly. This is because rates on most loans, such as mortgages and credit cards, depend on the yield of 10-year U.S. bonds, which have recently reached high levels despite efforts to reduce inflation. Powell noted that the current economic situation leaves many uncertainties, including in light of possible changes in the trade policy of the new administration of President Donald Trump. He also expressed hope for constructive relations with the new Government. The issue of the Fed's independence also remains relevant. Some of Trump's economic advisers have suggested giving the president more influence over the regulator's decisions, although many experts emphasize the importance of the central bank's independence for the stability of the economy and the US dollar.
RÁPIDOS ENLACES
Contáctenos 
