Trump says hopes US Fed will 'finally get on board'

WorldBusiness & Finance
15 Mar 2020 • 7:25 AM MYT
Malay Mail
Malay Mail

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The United States Federal Reserve Board building behind security barriers in Washington, October 28, 2014. — Reuters pic

WASHINGTON, March 15 — President Donald Trump said he hoped the US Federal Reserve “would finally get on board” and lower interest rates.

Fed Chair Jerome Powell had “so far made a lot of bad decisions in my opinion,” Trump said during a White House press conference yesterday. Trump contrasted the Fed with the actions of European central banks that he said had been acting more aggressively.

“I have the right to remove. I'm not doing that,” he said speaking of the Fed chair. — Reuters

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