Donald Trump has stepped up his attacks on the US Federal Reserve by calling for the central bank to cut interest rates

trump fed


Yet Trump says that he believes the central bank really slowed us down with the four rate hikes the Fed imposed last year which he says were unnecessary because there is very little if any inflation. In terms of quantitative tightening Trump says. I think they should drop rates and they should get rid of quantitative tightening. It also asks whether they think jobs are plentiful or hard to get. The collective responses to those questions can foreshadow how job growth and the unemployment rate will move over time. Mr Powell was appointed by Mr Trump but the president has frequently criticised the Fed chairman for increasing rates. the wall street journal reported earlier this week that mr trump told mr powell in a recent phone call

More Trump Fed: