August 9, 2019 / 2:16 PM / 4 months ago

Trump says U.S. economy 'handcuffed' by Fed

WASHINGTON, Aug 9 (Reuters) - U.S. President Donald Trump on Friday called on the Federal Reserve to lower interest rates by a full percentage point, saying the nation’s economy was being “handcuffed” by the U.S. central bank’s monetary policy.

Trump, speaking to reporters at the White House, said that a strong U.S. dollar was hurting American manufacturers and that the Fed needed to lower rates.

Reporting by Roberta Rampton and Jonas Ekblom; Writing by Susan Heavey; Editing by Steve Orlofsky

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