Trump: The Fed should cut interest rates by 1%



[ad_1]

Trump: The Fed should cut interest rates by 1%

Reuters

US President Donald Trump

US President Donald Trump said the Federal Reserve should consider lowering interest rates by one percentage point and called for "quantitative easing" while continuing to pressurize on the central bank.

Read more

US Secretary of Commerce criticizes US federalism

Trump said in an article on Twitter: "The interest rate of the Federal Reserve should, in a short period of time, decrease by at least 100 basis points, and possibly also with some quantitative easing. "

He also expressed his dissatisfaction with the strength of the US dollar, which "unfortunately has adverse consequences for other regions of the world".

The US government has pushed the Fed to lower interest rates, which Trump says will boost exports and production in the United States.

Source: Reuters

[ad_2]
Source link