Trump keeps up pressure on Fed as policy meeting approaches By Reuters

Trump keeps up pressure on Fed as policy meeting approaches By Reuters



WASHINGTON (Reuters) – U.S. President Donald Trump on Friday kept up his pressure on the Federal Reserve as the U.S. central bank’s next meeting approaches later this month, when financial markets expect an interest rate cut.

Trump, in a tweet, reiterated his call for lower interest rates and slammed the Fed for what he called its “faulty thought process.” Fed Chairman Jerome Powell has repeatedly said the Fed makes decisions independently from markets and the White House.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





Source link