Trump Criticizes Expected Fed Rate Cut as ‘Not Enough’

Posted on AllSides July 29th, 2019
From The Center
Federal Reserve, interest rates

President Trump said that the Federal Reserve’s expected small interest-rate cut this week is “not enough,” but he expressed optimism that the country would do well regardless of what is decided.

In tweets on Monday morning, the president accused the U.S. central bank of making “all the wrong moves” and said that Fed officials were leaving the U.S. vulnerable to global competitors like the European Union and China.

“We are competing with other countries that know how to play the game against the U.S.,” he wrote. “A small rate cut...

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