Trump says economy would be much stronger if Fed stopped rate hikes sooner
Source: The Hill
BY TAL AXELROD - 03/22/19 07:54 AM EDT
President Trump on Friday hit the Federal Reserve, saying the economy would be much stronger if the central bank had stopped raising interest rates sooner.
“If we didn't have somebody raising interest rates and do quantitative tightening we would have been over 4 [percent] instead of at 3.1 [percent]” in terms of economic growth, Trump told Fox Business in an interview that aired Friday. “The world is slowing, but we're not slowing.”
The comments come after the Fed announced Wednesday it will not raise interest rates for the second consecutive month and lowered its outlook on rate hikes to zero for the year.
Federal Reserve Chairman Jerome Powell told reporters that the bank has a “positive” outlook for the U.S. economy, but consistently low inflation and international economic sluggishness necessitate patience with further rate adjustments.
Read more: https://thehill.com/homenews/administration/435259-trump-says-economy-would-be-much-stronger-if-fed-stopped-raising
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“They’re all Democrats too, by the way!” 
