Home US Pres. Trump: Told Powell the Fed Rate is set too high relative to the interest rates of other competitor countries
FXStreet News

US Pres. Trump: Told Powell the Fed Rate is set too high relative to the interest rates of other competitor countries

In his latest tweet, the US President Trump said he complained to Federal Reserve (Fed) Chair Powell about high US interest rates when they met at the White House on Monday morning.

Trump tweeted out: “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. In fact, our rates should be lower than all others (we are the U.S.). Too strong a Dollar hurting manufacturers & growth!”

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.