U.S. President Donald Trump criticized the leadership of the Federal Reserve, describing the head of the institution as completely incapable of managing economic policy. According to ChainCatcher, the head of state condemned the Fed leader's statement regarding the need to maintain high interest rates. This comment represents another demonstration of ongoing disagreements between the White House and the Federal Reserve over monetary policy directions. Debates around the level of interest rates remain one of the key points of divergence in Trump's administrations regarding the country's economic course.
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U.S. President Donald Trump criticized the leadership of the Federal Reserve, describing the head of the institution as completely incapable of managing economic policy. According to ChainCatcher, the head of state condemned the Fed leader's statement regarding the need to maintain high interest rates. This comment represents another demonstration of ongoing disagreements between the White House and the Federal Reserve over monetary policy directions. Debates around the level of interest rates remain one of the key points of divergence in Trump's administrations regarding the country's economic course.