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

Market news

19 November 2019

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

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

"At my meeting with Jay Powell this morning, I protested fact that our Fed Rate is set too high relative to the interest rates of other competitor countries," Trump said on Twitter.

"In fact, our rates should be lower than all others (we are the U.S.). Too strong a Dollar hurting manufacturers & growth!," he said.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.