Trump: Fed raising rates was a big mistake

Author: Justin Low | Category: News

Trump is speaking to CNBC

Trump is speaking to CNBC
  • Says Dow Jones index would be up 10,000 points higher if it weren't for the Fed
  • Says would be surprised if tariffs are needed on Europe
He also says that US GDP would be near 4% if it weren't for the Fed. The criticisms aren't anything new as he has been taking aim at Powell & co. for quite some time now.

Trump just tweeted he will be delivering a more in-depth interview at 1000 GMT.

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