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Trump Says "Fed Didn't Listen to Me", Now Seeks "Level Playing Field" With China

From moneymaven.io

President Trump says the U.S. needs a “fair playing field” against China’s weaker currency, which is nullifying the impact of tariffs. Trump, in an interview on CNBC, says China’s president essentially heads the Chinese “Fed” and can directly impact monetary policy. Trump comments come as the yuan falls near its low of the year versus the dollar. “We should be entitled to have a fair playing field ... because our Fed is very, very disruptive to us,” he said. “Even without a fair playing field, we’re winning because the tariffs are putting us at a tremendous competitive advantage.” “Don’t forget, the head of the Fed ... (full story)

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  • Category: Fundamental Analysis