Trump complained today Fed is the problem the US, not China. He tweeted, “Our problem is not China – We are stronger than ever, money is pouring into the U.S. while China is losing companies by the thousands to other countries, and their currency is under siege”.
Instead, Fed is “too proud to admit their mistake of acting too fast and tightening too much”. And, Fed policymakers “must Cut Rates bigger and faster, and stop their ridiculous quantitative tightening NOW.” And, he further complained that “Incompetence is a terrible thing to watch, especially when things could be taken care of sooo easily.”
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