Fabrice Coffrini/AFP via Getty ImagesEven as he touted the state of the U.S. economy in his address at the World Economic Forum in Davos, Switzerland, U.S. President Donald Trump again lashed out at the Federal Reserve, criticizing the institution for its monetary policies, while also calling for negative interest rates.at the Federal Reserve, saying that his economic achievements, which have helped the U.S.
Trump also spoke about the U.S. being forced to compete with nations that are getting negative rates: “They get paid to borrow money, something I could get used to very quickly,” he said. “Love that.”over the past year in order to combat low inflation, most notably the European Central Bank and the Bank of Japan.
That means sovereign yields in Japan and Germany are now trading below zero, compared to U.S. Treasury yields and Federal Reserve overnight lending rates that remain high—putting the U.S. at aTouting his bilateral trade deals and financial deregulation, Trump said that “we still have the best [economic] numbers that we’ve had in so many different areas,” evenThe Federal Reserve hiked interest rates four times in 2018, before then cutting rates three times in 2019.
skleb1234 Impeach Don Trump!
skleb1234 Are we expecting bad data later this week? Seems fishy!
skleb1234 TrumpIsGuilty.
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