Trump continued his pressure on Fed, ahead on July 30-31 FOMC meeting. In his tweet, he blamed that “Because of the faulty thought process we have going for us at the Federal Reserve, we pay much higher interest rates than countries that are no match for us economically.”
Also, he praised New York Fed President John Williams’ as 100% correct that “Fed raised far too fast and too early”. Trump urged Fed to “stop with the crazy quantitative tightening”. And “This is our chance to build unparalleled wealth and success for the U.S., GROWTH, which would greatly reduce % debt. Don’t blow it!”
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