Trump 'Not Thrilled' With Fed Rate Hikes: 'It Puts Us At A Disadvantage'Paul CrookstonFree Beacon Jul. 19, 2018 |
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President Donald Trump on Thursday said the Federal Reserve is hampering the economic recovery by raising interest rates. Trump said he was only expressing his opinion as a private citizen by criticizing the move to raise interest rates. Still, he was clear on his belief that the move by Jerome Powell, the chairman of the Federal Reserve, would put the U.S. at a disadvantage. "I'm not thrilled," he told CNBC's Joe Kernen. "Because we go up and every time you go up they want to raise rates again, and I don't really—I am not happy about it. But at the same time, I'm letting them do what they feel is best." Read More |