Trump Blames Fed For Strong Dollar, Says Interest Rates “Way Too High”

Posted on June 11, 2019 10:08 am
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URL https://www.newswars.com/trump-blames-fed-for-strong-dollar-says-interest-rates-way-too-high/ 

With less than a week to go before the Fed begins its next two-day policy meeting, President Trump is again lambasting the Powell-led central bank for having the temerity to raise interest rates and attempt to start unwinding its balance sheet.

This time, it was a tweet from Bloomberg Opinion about Europe’s difficulty in dissuading foreign tourists from visiting its popular landmarks (like, you know, the Cathedral of Notre Dame) that set Trump off. In a tweet, he accused the Europeans of manipulating the euro (and noted that other countries are doing the same to their currencies).

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