Photo: AP
USA:s president-elect have promised a series of reforms that fuel the economy. Tax cuts, investment, growth and liberalisation pertaining to his campaign promises, and the talk of interest rate hikes at a faster pace. At the same time, he has spoken warmly of to raise tariffs on imported goods, mainly from Mexico and China which can give the opposite effects. But breaking out the full-fledged trade war, it could have a dramatically weaken the entire global economy.
the uncertainty shall be added to fastighetsmiljardären, who unexpectedly got elected in november after a messy election campaign, has changed his line in other areas. The uncertainty späs on it is not sure that he can get the congress on all the proposals.
policy rate is raised now 0.25 percentage points, to range from 0.50–0.75 per cent. Fedchefen Janet Yellen was at the press conference after the minimum bid rate very careful not to comment on Trump and his policies.
” We are working under a cloud of uncertainty. All the members of the Fed’s ränteutskott believes that there is great uncertainty about how economic policy can change and what effect it may have on the economy.
Anna Breman, chief economist at Swedbank, considers also Trumps policy as the major osäkerhetsmomentet. She believes, however, that it hardly will be no trade war with China and Mexico or the considerable increases in import duties.
– More likely is that it will be symbolic of raises, because the united states is bound by the rules of the world trade organisation.
About the Trump succeed in pushing through extensive punitive tariffs on imports, it may, however, be dramatic effects.
“But it is not sure that it means that interest rates are lowered, as it would also lead to import prices rise and thus higher inflation,” says Anna Breman.
After the minimum bid rate strengthened the US dollar from 9:17 to 9:22 Swedish kronor. The effect was expected, and Anna Breman expects that the market interest rate increases slightly during the Thursday, while there will be no major effect on either the short-term interest rates or stock exchanges.
the Riksbank has räntemöte next week, and Anna Breman do not believe that the united states-the news on the Swedish key interest rate.
” I feel confident that the rate will be unchanged. If the Fed, however, continues to raise the next year, it can be easier for the Riksbank to start raising in 2018.
At the press conference where Janet Yellen remarkably careful not to comment on his own future. Donald Trump has previously accused her of having been in president Barack Obama’s ligaments, which she implicitly refutes by noting that the Fed can take autonomous decisions.
Despite the fact that Trump attacked Yellen think Anna Breman and not that he will give her the sack.
” But I think she will stop when her mandate expires in 2018. Then it is of course free for Donald Trump to nominate an own candidate. Because it is the republican majority in the senate is the serious prospect of that the candidate also can become the new governor.
No comments:
Post a Comment