April 30, 2019 / 6:15 PM / a month ago

Trump jawbones Fed on rates, wishing for rocket-like economy

WASHINGTON, April 30 (Reuters) - President Donald Trump on Tuesday launched his latest salvo at the Federal Reserve, saying the U.S. economy could go “up like a rocket” if the central bank were to cut interest rates.

“We have the potential to go ... up like a rocket if we did some lowering of rates, like one point, and some quantitative easing,” he said on Twitter. (Reporting by Tim Ahmann Editing by Phil Berlowitz)

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