{quote} Trump wanted cuts, Trump TWEET 1 Just last week, Trump tweeted, “The Federal Reserve is derelict in its duties if it doesn’t lower the Rate and even, ideally, stimulate.” Trump wants the Fed to push interest rates down to zero or even into negative territory. Trump argues that the current rates put the U.S. at a competitive disadvantage to other countries, and touts the...
This year, Trump has urged Powell to cut interest rates, a move that some Fed watchers now say is more likely because of the president’s erratic trade moves. He’s also pressed Powell to resume quantitative easing, a bond-buying program launched by the Fed in 2008 in the wake of the financial crisis to stop the collapse of the housing market and increase the supply of money in the economy. Trump argued for that again Monday.
He also bemoaned current monetary policy for how it factored into his trade negotiations with China, saying that the communist country’s currency devaluation had “put them at a tremendous competitive advantage.”
https://www.politico.com/story/2019/...-hikes-1358816
he didnt know what he wanted...lower rates and QE so we could become like japan LOL...thats why hes a menace and 75% of america hates him and judges and juries keep convicting him
he was desperate to win reelection
short trump and go long the deepstate
