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IPFS News Link • Trump Administration

All The Experts Who Were Mocking Trump Are Suddenly Quiet

• arclein

On which front Trump came out swinging against the Fed again: "They don't have a clue!" he claimed in a tweet, knocking them for having raised rates too far and for undertaking Quantitative Tightening. I must confess I was on Bloomberg TV several hours before Trump spoke discussing the same topic: if I recall correctly my opinion was "They don't know what they are doing" - who wore it better? Trump also claimed European tourist attractions have queues round the block because the USD is too high due to Fed policy error, and Bloomberg noticed the OECD agree EUR is 22% undervalued on at least one basis.


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