ZCZC
BCN-12
US-ECONOMY-POLITICS
US Fed ‘pathetic, slow moving,’ should lower rate: Trump
WASHINGTON, March 10, 2020 (BSS/AFP) – US President Donald Trump on Tuesday called the
Federal Reserve “pathetic, slow moving” and reiterated his demand that the central bank
lower its key lending rate and stimulate the economy.
“Our pathetic, slow moving Federal Reserve, headed by Jay Powell, who raised rates too
fast and lowered too late, should get our Fed Rate down to the levels of our competitor
nations,” Trump tweeted, adding, “Also, stimulate!”
BSS/AFP/MMA/2020HRS