The American employment figures in August are excellent, and that does not help almost anyone: the Federal Reserve (Fed), the American central bank, which will have to raise its short-term key rates in mid-September if the next inflation figures do not show a significant improvement; Wall Street, which fell on Friday, in anticipation of a credit crunch; Donald Trump, who is already shouting on his Truth Social network, asking for a reduction in the cost of money.
“Exceptional employment figures have just been released, beating all estimates (except mine!) by two to three times – and that’s just the beginning! Employers created 162,000 jobs in August. Lower interest rates, because America’s creditworthiness is much better than it was recently! A strong country means a lower interest rate – it’s better credit… It’s very simple! We should have the lowest rate in the world, like “in the good old days”wrote Donald Trump on Friday September 4 in his long post, before adding: “The Board of Governors of the Federal Reserve, under the leadership of its new chairman, must exercise common sense and act as a patriot. High interest rates put the United States at a serious disadvantage, and I will not allow it! »
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