US President Donald Trump has repeated his view that the Fed is moving slowly on interest rate cuts.
Here's Trump's statement via Twitter last night:
As is customary, Powell, the FED Chairman, and the FED have been slow to step in. Germany and others are pumping money into their economies. Other central banks are much more aggressive. The US should have the lowest interest rate on justifiable grounds. But it's not that, we're putting ourselves at a competitive disadvantage. We should be the leaders, not the followers.
- iDeal News Center-