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Home / Business / Trump misses the Fed another attack and says the central bank can not "keep up" mentally

Trump misses the Fed another attack and says the central bank can not "keep up" mentally







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                " Our Federal Reserve can not compete with the & # 39; mental & # 39; keep up – other countries. At the G-7 in France, all other heads of state were overwhelmed. The President has tweeted how low their interest costs are. Scott Olson / Getty Images </p>
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<p>  President Donald Trump staged a new attack on the Federal Reserve on Wednesday, claiming that the central bank is "mentally" unable to Encourage competition for the benefit of the United States in the global economy. </p>
<p>  "Our Federal Reserve can not be" mental "& # 39; keep up with the competition – other countries. At the G-7 in France, all the other leaders were curious about how small their interest was. "The costs are gone," Trump tweeted <a href= . "Germany is actually being paid to lend money – ZERO INTEREST PLUS! No idea! " tweeted that the Fed" lo We watch our manufacturers fight their exports to other parts of the world. "

He continued," Did anyone check what almost all other countries are doing to exploit the good old US? Our Fed has labeled it wrong for too long! "

The President has tightened his criticism of the Fed in recent days, urging them to aggressively cut interest rates as economic indicators point to a possible recession and the government's trade dispute with China continues to escalate.

The steady broadsides of the White House reached a new high on Friday when Trump wondered on Twitter whether Jerome Powell, his hand-picked Fed chairman, or Xi Jinping, the Chinese Communist leader, are America's "bigger enemy." after Powell had promised no explicit interest rate cuts.

It is unclear whether Trump's leaders at the weekend's G7 summit in Biarritz, France, were actually "dizzy" on the US president's interest cost.

Trump tweeted on Sunday about another dubious sentiment that was allegedly expressed by world leaders at the annual rally. Mr President, why do the American media hate your country so much? Why do they roll that it fails? "


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