Trump criticizes Fed anew and accuses Pelosi of making ‘fascist’ statement
President Donald Trump aimed his latest criticism at the Federal Reserve on Friday, just days before central bank policy makers’ next meeting, and said he predicted an eventual trade deal with China.During a nearly hourlong phone interview on Fox News, Trump said the Fed had set interest rates too high, returning to a criticism he made as recently as Tuesday.
Trump has applied tariffs to billions of dollars in Chinese goods and has held out the prospect of more if China doesn’t negotiate an agreement with the U.S. Also on the international front, Trump said Iran was to blame for attacks on fuel tankers Thursday, an action that sent oil prices CLN19, +0.77% BRNQ19, +1.21% jumping. He added he’d like to negotiate with Tehran but wasn’t in a rush. A White House spokesman said Trump spoke with Japanese Prime Minister Shinzo Abe about the attacks and thanked him “for his effort to facilitate communication with Iran.
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