President Donald Trump is not backing off his criticism of the Federal Reserve’s interest rate hike. President Trump noted that he wasn’t happy with the Fed’s monetary policy in a CNBC interview-
Trump lays into the Federal Reserve, says he's 'not thrilled' about interest rate hikes. https://t.co/DlZtnmtUi0 pic.twitter.com/8GOCmbDrnG
— CNBC (@CNBC) July 20, 2018
and finished it off with a tweet that triggered Economic news outlets
China, the European Union and others have been manipulating their currencies and interest rates lower, while the U.S. is raising rates while the dollars gets stronger and stronger with each passing day – taking away our big competitive edge. As usual, not a level playing field…
— Donald J. Trump (@realDonaldTrump) July 20, 2018
….The United States should not be penalized because we are doing so well. Tightening now hurts all that we have done. The U.S. should be allowed to recapture what was lost due to illegal currency manipulation and BAD Trade Deals. Debt coming due & we are raising rates – Really?
— Donald J. Trump (@realDonaldTrump) July 20, 2018
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