Article 4QNF3 'No guts, no vision!' Trump unhappy after Fed announces modest rate cut

'No guts, no vision!' Trump unhappy after Fed announces modest rate cut

by
Edward Helmore
from Economics | The Guardian on (#4QNF3)
  • Central bank approves quarter-point interest rate reduction
  • Trump tweets: 'Jay Powell and the Federal Reserve fail again!'

Under pressure from Wall Street and the White House, the Federal Reserve lowered interest rates on Wednesday for a second straight meeting, but declined to signal if it would continue to drop rates in the future.

Related: Ilhan Omar condemns Trump for spreading 'lies that put my life at risk'

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