You are connecting from Lake Geneva Public Library, please login or register to take advantage of your institution's Ground News Plan.
Published 2 days ago • loading... • Updated 8 hours ago
Trump Told the Fed to Cut Rates. It Raised Them
President Trump blamed Federal Open Market Committee chair Kevin Warsh for rate hikes amid record diesel prices of $6.53 per gallon, according to recent market reports.
In early September, President Donald Trump delivered one of his most aggressive demands yet for lower interest rates. Fresh off a surprisingly strong jobs report, Trump told the Federal Reserve to cut rates and warned that he could stop trading with countries that run large trade surpluses with the United States if the Fed refused. […]