President Trump took to Twitter to criticize the Federal Reserve for being “like a stubborn child”
WASHINGTON—President Trump said the Federal Reserve “doesn’t know what it is doing” and compared the U.S. central bank to a “stubborn child” in a pair of tweets on Monday, after the bank opted not to cut interest rates during its two-day meeting last week.
“Think of what it could have been if the Fed had gotten it right,” Mr. Trump wrote. “Now they stick, like a stubborn child, when we need rates cuts, & easing, to make up for what countries are doing against us. Blew it!”
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