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The US central bank is considering lowering interest rates

Federal Reserve Chairman Jerome Powell has hinted at the first reduction in the Trump era, while the New York Stock Exchange has risen.

El presidente de la Reserva Federal de Estados Unidos, Jerome Powell, ha puesto sobre la mesa la posibilidad de acometer una bajada de los tipos de interés, que sería la primera del banco central desde el retorno de Donald Trump a la Casa Blanca, aunque ha insistido en los riesgos para la inflación relacionados con los aranceles implementados por la administración estadounidense.
Jerome Powell, Chairman of the Federal Reserve, along with President Donald Trump. Photo: Europa Press.

Jerome Powell, chairman of the United StatesFederal Reserve, said he is considering lowering interest rates . It should be remembered that the Federal Reserve is the institution that acts as the country's central bank.

However, Powell has acknowledged that the situation is complex because the development of employment is dangerous, although inflexibility remains a risk.

During his speech at an economic meeting in Wyoming, Powell explained that the Federal Reserve is seeking a balance between keeping prices under control and protecting the labor market. He explained that the current monetary policy is restrictive and that adjustment could be necessary if data indicate a cooling of the economy.

The Federal Reserve decides on these issues at regular meetings and will meet again in mid-September. Powell has stressed that there is no predetermined path and that decisions will depend on the most recent economic data.

The central bank president's words have had an immediate impact on financial markets, where the Dow Jones index of industrialists has risen by 715 points (1.6%) and other major indicators on Wall Street, such as the S & P 500 and the Nasdaq, have made significant progress, reflecting investors "optimism about a possible rate cut.

The euro, up

Powell's announcement has also affected the currency market, where the euro has strengthened against the dollar and surpassed the $1.17 barrier , believing that the possibility of lowering interest rates in the United States would reduce the dollar's attractiveness.

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