Newsmax Finance Staff | Monday, 16 September 2019 10:17 AM
President Donald Trump once again demanded that the Federal Reserve slash interest rates in the wake of an attack in Saudi Arabia over the weekend led to a major crude oil disruption.
In a pair of tweets Monday, the president questioned whether the Fed would “ever get into the game†and said the central bank and its chairman, Jerome Powell, “don’t have a clue.†He again badgered the Fed to lower the interest rate, citing a strong dollar’s harmful effect on U.S. exporters.
“And now, on top of it all, the Oil hit,†he wrote. “Big Interest Rate Drop, Stimulus!â€
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https://www.newsmax.com/finance/economy/trump-fed-rate-cut/2019/09/16/id/932831/