October 29, 2019 / 3:31 PM / 24 days ago

Trump blasts Fed as policymakers meet on rates

WASHINGTON, Oct 29 (Reuters) - President Donald Trump launched a fresh attack on the U.S. Federal Reserve on Tuesday as policymakers opened a two-day meeting that was expected to end with a decision to lower interest rates.

“The Fed doesn’t have a clue! We have unlimited potential, only held back by the Federal Reserve,” Trump said on Twitter.

Trump, in a departure from his White House predecessors who refrained from commenting on Fed policy, has made a habit of criticizing the U.S. central bank for decisions he argues kept borrowing costs too high for too long. (Reporting by Tim Ahmann)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below