Trump’s unusual Fed bashing raises the stakes of a policy blunder that damages the economy
|10/11/2018||Posted by BusinessMediaguide.Com under General World News||
- President Donald Trump is blaming the Federal Reserve for the stock market’s sell-off.
- While it’s unusual for the US president to publicly bash the Fed, many investors agree that fears of higher interest rates are partly responsible for the volatility.
- By pitting himself against the Fed, Trump is raising the stakes of a monetary-policy error.
President Donald Trump is not known to mince words. And this week, he offered his sharpest rebuke yet of the Federal Reserve.