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المشهد العربي
Trump criticizes Fed rate hike and clears Warch
The article focuses on U.S. President Donald Trump's criticisms of the Federal Reserve's decision to raise interest rates last month, where he argued that Federal Reserve Chairman Jerome Powell should have opposed the increase, while also dismissing the idea of holding him fully responsible for the decision. Trump pointed out that the Fed is acting in a politicized manner, criticizing Jerome Powell and asserting that the rate hikes were driven by political motives and are harming his interests. He also expressed confidence in the Federal Reserve Chairman he appointed. The article also touches on developments in the financial markets, noting that European and British stocks reached their lowest levels in three months, European bond yields increased, and the euro fell to its lowest point in 17 months amidst anticipation of upcoming U.S. economic data.
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