NewsBreak: Trump Lashes out at Fed Again

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© Reuters. © Reuters. – President Donald Trump said Tuesday the U.S. economy has exceeded expectations by a “very wide” margin even as the Federal Reserve’s previous round of tightening put the economy at a competitive disadvantage.

  • Trump hailed the stunning turnaround in the U.S. economy since he took office despite monetary policy tightening by the Fed. “I did this despite a near-record number of rate increases and quantitative tightening by the Federal Reserve since I won the election,” Trump said in a speech at the Economic Club of New York.
  • The , and were higher, but roughly unchanged since the president started speaking.
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