Trump says the Federal Reserve is slowing the stock market and the economy



President TrumpDonald John TrumpWH, Spokesperson: We are working with DHS, ICE to try to send undocumented immigrants to sanctuary cities. Trump asserts that he has the legal right to send undocumented immigrants to sanctuary towns. Sanders asks him to delete his business plan PLUS said Sunday that the US Federal Reserve had dampened the stock market and the economy, saying the stock market and GDP would be improved if the Fed "had done its job properly".

Trump asserted that the stock market would be "up by 5,000 to 10,000 additional points" and that the GDP would be "well above" 4%.

"If the Fed had done its job well, what it did not do, the stock market would have grown by 5,000 to 10,000 additional points, and the GDP would have been well above 4% instead by 3% … with virtually no inflation Quantitative tightening was a killer, should have done exactly the opposite! "he tweeted.

Trump has already attacked the Fed many times, often criticizing the central bank for raising interest rates.

"If the Fed had not raised interest rates wrongly, especially because of the very low inflation, and if it had not proceeded with the ridiculous quantitative tightening, the GDP and the Stock market at 3.0% would have been much higher and global markets would be up – a better place! " he tweeted at the time.


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