Trump calls Federal Reserve ‘much bigger problem than China’

FAN Editor

President Donald Trump says he thinks the Federal Reserve’s policies are a greater threat to U.S. economic growth than a burgeoning trade war with China.

Trump told The Washington Post on Tuesday: “I think the Fed is a much bigger problem than China.”

Continue Reading Below

Trump adds that he is “not even a little bit happy” with Fed Chairman Jay Powell, whom he selected last year.

The Fed has raised interest rates steadily under Powell’s leadership as the central bank has tried to balance promoting maximum employment with controlling inflation. Those decisions have drawn rebukes from Trump, who wants the Fed to focus on economic growth.

Trump says: “They’re making a mistake because I have a gut, and my gut tells me more sometimes than anybody else’s brain can ever tell me.”

Free America Network Articles

Leave a Reply

Next Post

Facebook and Google join list of companies withdrawing support for Sen. Hyde-Smith

Facebook and Google joined the list of companies requesting refunds of campaign donations to Mississippi Sen. Cindy Hyde-Smith after a video surfaced on social media in which she talks about attending a hypothetical “public hanging.” “The recent public comments made by Sen. Cindy Hyde-Smith do not reflect the values or […]