Trump: 'I have a Fed person who is not really doing a good job'

[Zorro]

Source: Yahoo Finance

President Trump once again went after the Federal Reserve on Tuesday, saying at a rally in Michigan that "I have a Fed person who is not really doing a good job."

It was an apparent reference to Fed chairman Jerome Powell, although he didn’t mention Powell by name with Trump saying "I want to be very nice and respectful to the Fed."

"You are not supposed to criticize the Fed; you are supposed to let him do his own thing, but I know much more than he does about interest rates, believe me," he added.

It was the latest sign that the president does not intend to let up on the central bank or its chairman or pushing for lower interest rates a week after saying he has "no intention" of firing the central bank boss.

Read more: https://finance.yahoo.com/news/trump-i-have-a-fed-person-who-is-not-really-doing-a-good-job-231259807.html

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It's quite clear Trump plans to blame Powell and the Fed for the upcoming Trump recession.

[Ilsa]

1. Such an arrogant mofo. Threaten Powell when the FOMC

is responsible for the money supply, sale of Treasury securities, monetary policy, interest rates, etc. Decisions are by consensus. But Trump can't blame the group or its individual members, I guess.

[Fla Dem]

2. I agree. We have a President doing a shitty job.

[republianmushroom]

3. Yup, more than one, how about the President, to start with.