Published On: Tue, Apr 30th, 2019

Trump jawbones Fed on rates, wishing for rocket-like economy

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U.S. President Donald Trump delivers remarks at a Make America Great Again rally at the Resch Center Complex in Green Bay
FILE PHOTO: U.S. President Donald Trump delivers remarks at a Make America Great Again rally at the Resch Center Complex in Green Bay, Wisconsin, U.S. April 27, 2019. REUTERS/Yuri Gripas

April 30, 2019

WASHINGTON (Reuters) – President Donald Trump on Tuesday launched his latest salvo at the Federal Reserve, saying the U.S. economy could go “up like a rocket” if the central bank were to cut interest rates.

“We have the potential to go … up like a rocket if we did some lowering of rates, like one point, and some quantitative easing,” he said on Twitter.

(Reporting by Tim Ahmann; Editing by Phil Berlowitz)



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