Trump Calls for a Big Fed Rate Cut, Again Criticizes Central Bank Chairman

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Trump called for a percentage-point rate cut, a move that would typically be considered when the U.S. is on the brink of a recession

WASHINGTON—President Trump on Monday called for the Federal Reserve to sharply cut interest rates and again criticized the central bank’s chairman for a “horrendous lack of vision,” while reiterating his belief that the U.S. economy is strong.

The president said in a pair of tweets Monday morning that the Fed should cut its benchmark interest rate by at least a full percentage point and resume its crisis-era program of buying bonds to lower long-term borrowing costs. Such moves would typically be considered only when the economy...

 

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Idiot

Socialism

InspiringU2 Is there anything left to cut?

So who is the currency manipulator?

吓尿了?

ShellyLazoff The Fed is supposed to be independent. dt needs to stop his bullying in a futile attempt to forestall the recession that his 'policies' all but ensure.

Make up your mind. A great economy doesn’t require quantitative easing! And... it definitely doesn’t require a 100 basis point cut!!! That would put rate at 1.5%. Just for contex, that would only 1.25% higher than the lowest rate in US History! This is a lunatic Presidency!!!

Be more clear, a 1 point cut would be on the verge of catastropy, and leave the Fed very little protect the country with should we get an 08 level recession. Trump is incompetent, a real threat to this country's stability business Reuters MSNBC thehill nytimes CNN MSNBC

UFOT unfit for office trumpo You DID NOT PAY TAXES!

🤡🤡🤡🤡🤡🤡🤡🤡

We’re on the brink.

Though Trump and company said no recession ?

President Trump should combine the offices of Federal Reserve Chairman and President of the USA and Head of Trump Business empire.

He asked for it a long time ago. That's the reason why we voted for Trump, because he's smart and knows the economics of the US...

Save your money, people.

In other news Hong Kong yesterday celebrated the annual Take Your Umbrella For AWalk Day.

This is pretty weird because under a smart president, the market would take this in to account. But now is the market considering ‘yeah he’s saying it, but does he understand it?’

Trump's biggest failing is his assumption that knowledgeable economic professionals wouldn’t question his admin’s fly-by-the-seat monetary policies and explain them to the rest of us! He still thinks he’s running a ma & pa real estate business!

Obama spent 8 years righting the ship of this country to pull us through one of the worst recessions to hit this country. It took realDonaldTrump only 3 years to fuck it up and send right back in to one.

Worried about the TrumpSlump

This economy is treading water, and everyone who pays close attention knows it. trump is finally acknowledging as much with the cancellation of most new tariffs in September and this latest request to the Fed. SMH

We the people request 100 basis point rate cut!

TrumpRecession TrumpResignNow

Why do we need the govt to sustain the economy? Let these businesses fail. They will find another market to profit it. We need a reset from all the money printing TheMarketGivethTheMarketTaketh

🗽⤵️

He really is dumb as a fvcking stump!

Yes, but Trump, Kudlow, Navarro and Lighteizer are all saying the economy is sound. Eaither it is or it isn’t. Calling for rate cut clarifies the answer.

It's a good idea!

He's an idiot. Best if the 'fake news' outlets didn't report on him so frequently.

It’s interesting that business reporters aren’t even bothering to spell out this sort of behavior by a President is entirely outrageous and inappropriate. This country keeps changing.

GIVE US NEGATIVE YIELDS WHEN THE ECONOMY REALLY TANKS

FAILING

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