US Fed not ‘acting quickly’ as ECB, says Trump | The Malaysian Insight

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US Fed not ‘acting quickly’ as ECB, says Trump

US President Donald Trump criticises the Federal Reserve and its chair, Jerome Powell, with almost daily tweets. – EPA pic, September 12, 2019.

PRESIDENT Donald Trump attacked the US Federal Reserve again today for not “acting quickly” like its European counterpart to provide stimulus to the US economy. After the European Central Bank unveiled a massive stimulus programme earlier today, Trump said on Twitter: “They are trying, and succeeding, in depreciating the Euro against the VERY strong Dollar, hurting U.S. exports.”

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