Monday, 23 July 2018

Trump is mad about Fed rate hikes, but he only has himself to blame for them

Trump is mad about Fed rate hikes, but he only has himself to blame for them

President Donald Trump has broken another Washington norm: While recent presidents have tended to avoid commenting on monetary policy, Trump is out there saying the Fed is raising interest rates too high, too fast. But unlike some of the norms Trump has broken, this one isn't that old. The informal policy of presidents and their staffers not commenting on monetary policy only goes back about 25 years.
Read more: http://www.businessinsider.com/trump-fed-interest-rate-hikes-comments-2018-7?source=Snapzu

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