Cutting interest rates is usually reserved for when an economy is having troubles (which China has noted and they believe the US is weaker than they may seem since they want a rate cut). Trump wants more money pumped out now. He has tried to nominate "loose money" people to the Federal Reserve including Herman Cain but the nominees have been rejected even before being an official nominee.
https://www.cnbc.com/2019/05/14/trum...er-we-win.html
President Donald Trump predicted Tuesday that China’s next move in the trade war will be a rate cut, and he pushed the Federal Reserve to follow suit in what he said would lead to a clear victory for the U.S.
In a tweet that amounted to the latest salvo in the tariff dispute between the two nations, the president ramped up his pressure on the Fed to ease monetary policy.
He said that should the central bank meet a China rate cut with one of its own, that would be “game over, we win!”
The White House and Beijing have hit an impasse in their ongoing trade negotiations. Washington is looking for a lowering of barriers into China and for the nation to halt the theft of intellectual property. As recent talks stalled, China retaliated against Trump’s latest round of tariffs, announcing plans Monday to slap new levies on $60 billion worth of American goods.
Trump’s remarks on Tuesday come amid market volatility spurred by uncertainty over the direction of the talks and how long they might continue before a solution is reached.
In earlier tweets, Trump insisted that he will only accept a “great deal” for the U.S.
https://tradingeconomics.com/china/interest-rate
The benchmark interest rate in China was last recorded at 4.35 percent. It was last cut by 25 basis points in October 2015. On September 27th 2018, the People’s Bank of China left interest rates for open market operations unchanged even after the Federal Reserve s decision to tighten monetary policy.
If the Federal Reserve ever did a “match,” it would be game over, we win!
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