President Trump on Wednesday blasted Federal Reserve Chairman Jerome Powell for not moving more aggressively on cutting interest rates, saying that the central bank chief had “no guts.”
Jay Powell and the Federal Reserve Fail Again. No “guts,” no sense, no vision! A terrible communicator!
— Donald J. Trump (@realDonaldTrump) September 18, 2019
Producer prices in China shrank most in 3 years due to China’s big devaluation of their currency, coupled with monetary stimulus. Federal Reserve not watching? Will Fed ever get into the game? Dollar strongest EVER! Really bad for exports. No Inflation…Highest Interest Rates…
— Donald J. Trump (@realDonaldTrump) September 16, 2019