Economy rulers

The Federal Reserve raised the interest rate last week which was communicated as an act the President of the United States does not agree with. The lift is due to a slowing in growth and the stock market on the background of the U.S.-China trade war. President Donald Trump already made clear that he could fire the Chairman, Jerome Powell. The raise of the interest rate will normally have a domino effect in the market while the dollar strengthened. The effects on the gold price are negative.