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Trump once again attacks the Fed and denies recession in US Author Investing.com



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© Reuters. Trump once again attacks the Fed and denies recession in the US

By Laura Sanchesa

US President Donald Trump has repeatedly urged the Federal Reserve (Fed) to further lower interest rates and blame the agency on the problem of the country's economic growth.

All this was done through its social network par excellence: Twitter.

“We compete with many countries with much lower interest rates and we should be below them. Yesterday, the dollar recorded the highest level in the history of the United States. Without inflation Wake up, federal reserves. We have great growth potential, almost never before! "Trump has printed.

Thus, the US President reiterates that the country is "doing very well" with China and other trade agreements, and remember that "the only problem we have is Jerome Powell and the Federal Fund."

He also criticizes the press for calling on Fake News Media to do its utmost to "create" a recession in the United States, "despite the fact that numbers and facts go in the opposite direction."

With these attacks, Trump is showing signs of an economic downturn and potential recession alerts that are planning for the US state and reinforcing its strategy to move toward its main goal right now: the Fed.

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