Date: 4 months ago   Category: Economy

In the USA market indexes fall: Trump blames FRS


The federal reserve service of the USA (FRS) makes a mistake, the American president Donald Trump against the background of sharp decrease in the main market indexes said, CNN tells.

"I think FRS makes a mistake. They are such rigid. I think FRS went crazy", - Trump told journalists. He emphasized that falling of market indexes is correction which was expected long ago.

Following the results of Wednesday, October 10, in the USA recorded falling of the main market indexes. The greatest decrease happened on the index of Nasdaq 100 which unites one hundred the largest companies which shares are sold at this exchange. By the end of the auction it dropped by 4,44% (on 327, 12 points). At the same time S&P lost 3,29%, having decreased to 2785 points, and Dow Jones went down for 3,15%.

at the end of September of FRS for the third time in a year raised a key interest rate on 0,25 items, to 2-2,25%. Trump repeatedly criticized increase in a key interest rate, emphasizing that similar actions contradict the policy on stimulation of economic growth pursued in the country.

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