December 17, 2018 / 1:39 PM / 6 months ago

Trump again blasts Fed for 'even considering' rate hike

FILE PHOTO: U.S. President Donald Trump sits for an exclusive interview with Reuters journalists in the Oval Office at the White House in Washington, U.S. December 11, 2018. REUTERS/Jonathan Ernst/File Photo

WASHINGTON (Reuters) - President Donald Trump early on Monday again criticized the Federal Reserve for its current series of interest-rate increases, days before the U.S. central bank is expected to push up interest rates again.

“It is incredible that with a very strong dollar and virtually no inflation, the outside world blowing up around us, Paris is burning and China way down, the Fed is even considering yet another interest rate hike. Take the Victory!” Trump wrote in a tweet.

Reporting by Lisa Lambert and Susan Heavey; Editing by Chizu Nomiyama

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