Date: 6 months ago   Category: Economy

Trade wars of the USA can damage to investor confidence, the head of the Federal Reserve - RIA Novosti, has said 9/26/2018


WASHINGTON, 26 Sep – RIA Novosti, Ekaterina Sobol. Trade wars of the USA can damage situations on exchange platforms and to investor confidence, but the effect isn't visible yet, has declared during the conference for journalists following the results of jamming of board of governors the head of the regulator Jerome Powell.© RIA Novosti / Ilya Pitalev to Pass into an image bank Germany against the background of trade war became the leader in export of cars to Kitaypo to his words while it is impossible to say about how the Federal Reserve System (FRS) will react to possible effect of trade wars. "The first that I want to tell: we aren't responsible for trade policy. Yes, we hear about concern of business through the whole country, about a rupture of trade chains. Tension in trade can potentially damage to investor confidence, influence trade at the exchanges, but the effect isn't swept up yet, we have nothing to fight yet" — he has told. He has noted that if the effect is noticeable in the future, it will be possible to speak about decrease in a rate. "But it is still difficult to speak, how exactly we will behave until we don't see real figures", he said. AFP 2018/Mandel Ngan president Mistake. The OPEC brings Trump under an impichmentfederalny backup system (FRS) of the USA following the results of a meeting on September 25-26 has raised a base interest rate on 0,25 percentage points — to 2-2,25% per annum from 1,75-2% per annum, it is told in the press release of the regulator. The decision has coincided with forecasts of the analysts interviewed by RIA Novosti. In 2018 the rate has been already raised at meetings in March and in June. In 2017 the regulator raised a rate three times: in March — up to 0,75-1%, in June — up to 1-1,25% and in December — up to 1,25-1,5% per annum. Before rates of increase in a rate were slower — one time in 2016 and 2015. In 2007-2008 the regulator gradually lowered a rate until it hasn't reached the minimum point of 0-0,25% in December, 2008 Infographics Trade wars of the USA

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