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IPFS News Link • Trump Administration

Trump: Fed Is "Making A Big Mistake" With "Ridiculous" Rate Hikes

• https://www.zerohedge.com

Here we go again...

After roiling stock markets in Asia and Europe last night when he blamed the longest stock-market losing streak of his presidency on the Federal Reserve and its "crazy" interest rate hikes, President Trump again lit into the central bank in a Fox News interview Thursday morning where he said the Fed has gotten "a little too cute" with its interest rate hikes. "It's ridiculous what they're doing," he added.

He added that he's "paying high interest rates because of the Fed" and that Powell & Co. are "making a big mistake" and that he'd like the Fed to "not be so aggressive."

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