TRUMP: The Fed is the 'biggest threat' to the economy

pulse

October 16, 2018 10:24 PM

President Donald Trump continued his attacks against the Federal Reserve and Chairman Jerome Powell on Tuesday. "My biggest threat is the Fed, because the Fed is raising rates too fast" Trump said in an interview with Fox Business Network.

My biggest threat is the Fed, because the Fed is raising rates too fast", Trump said.
Trump has recently waged a sustained campaign against the Fed, calling their interest rate hikes "crazy" and "loco."

President Donald Trump on Tuesday went after the Federal Reserve with some of his harshest language yet during a Fox Business Network interview.

Trump claimed that the biggest problem facing the US economy and stock market is the Fed's path of interest rate hikes under Chairman Jerome Powell. The central bank has been increasing interest rates for close to the past three years.

has gone crazy" and calling their interest rate hikes "loco."

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