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Trump tells Fed not to "make yet another mistake"

  • Regular
  • US Market
  • 5 months ago
  • 77

Donald Trump is keeping the heat on the Fed ad it prepares the last of the announcements for 2018, most notably, commenting that they should be careful not to make “make yet another mistake” as most analysts expect a rate hike.

Thursday will see Fed chairman Jerome Powell make the long-awaited announcement, along with outlines for the coming year, with promises of an eventually neutral stance in order to keep the economy from spilling over and out of control.

Trump has made it a priority to stabilize the economy, advised the Federal Open Market Committee once again by saying, “Don’t let the market become any more illiquid than it already is. Stop with the 50 B’s. Feel the market, don’t just go by meaningless numbers. Good luck!”

 

 

Source: Smart Trend Team