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Trump lashes out at U.S. Fed ahead of expected rate hike

2018-12-18 2 Dailymotion

President Trump has once again lashed out at the Federal Reserve for considering another interest-rate hike.<br />In a tweet on Monday - just two days before the Fed is expected to raise rates - Trump said he found it "incredible" the U.S. central bank would consider the move amid a strong dollar and what he called "virtually no inflation." <br />He also mentioned the economic slowdowns in France and China, urging the Fed to "take the victory."<br />White House trade adviser Peter Navarro also expressed similar sentiment a few hours after Trump's tweet.<br />The president has repeatedly criticized the Fed for increasing rates, saying it interferes with his economic policies.<br />However, Bloomberg reported last month that rate hikes would cut into his own fortune, by increasing payments on his variable-rate loans. <br />

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