November 19, 2019

Trump Talking to Powell

Trump says he told Fed's Powell U.S. interest rates are too high.

US President Donald Trump said he complained to Federal Reserve Chair Jerome Powell about high US interest rates in a meeting they held at the White House on Monday morning.

"At my meeting with Jay Powell this morning, I protested that our base rate was too high compared to other competitor rates," Trump said on Twitter late Monday.

"In fact, our prices should be lower than all the others (we are the US).  Too strong a dollar hurts manufacturers and growth," he said.

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