President trump on Tuesday reiterated his criticism that the Federal Reserve would raise interest rates first and then cut them, saying the Fed has put the US at a disadvantage in competition with other countries and calling for negative interest rates.
Trump claimed in a speech at the New York economic club that the unprecedented prosperity of the U.S. economy was his credit, even though the Federal Reserve raised interest rates in his early years as president.
"Keep in mind that we are actively competing with countries that have publicly cut interest rates, and now many countries are actually paying back on their loans, which is called negative interest rates. Who has heard of such a thing? "He said," give me some such policies, give me some such funds, I need some such funds. Our Fed won't let us do that. "
Hot Model No.: