Trump Slams Federal Reserve For Raising Interest Rates

Federal Reserve Board
monetary policy meeting

Once again President Trump has slammed the Fed for increasing interest rates.

Let's face it, Trump is just like most other presidents. When they are in power they want the Fed to manipulate interest rates lower.

The only exception to this was President Ronald Regan who allowed Paul Volcker, when he was head of the Fed, to push interest rates aggressively higher to kill off the late 1970s early 1980s soaring price inflation (Though Volcker did give up his tight monetary policy in the summer of 1982 and started aggressive money printing at that time.)

Here is a clip of Fox News host Laura Ingraham in France with President Trump as he bashed the Fed,

Trump on Fed, interest rates https://t.co/OY0RYG5O6e @FoxBusiness @MorningsMaria @realDonaldTrump @WhiteHouse

— Maria Bartiromo (@MariaBartiromo) June 7, 2019

-RW