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Trump: Fed sticks like a stubborn child, doesn’t know what it’s doing

Trump complains Fed with his tweet again and said it “doesn’t know what it is doing”. He said Fed “raised rates far too far” and “did large scale tightening, $50 Billion/month”, referring to balance sheet wind down. And, if Fed had gotten it right, “thousands of points higher on the Dow, and GDP in the 4’s or even 5’s”.

Trump also said Fed policymakers stick “like a stubborn child”. And, “when we need rates cuts, & easing, to make up for what other countries are doing against us. Blew it!”

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