3 ms·
Bowing to pressure from King Trump. Edit: Trump has loudly and consistently attacked the Federal Reserve for scheming against him and trying to sabotage the ec
by standardUser 7y ago
Bowing to pressure from King Trump.
Edit: Trump has loudly and consistently attacked the Federal Reserve for scheming against him and trying to sabotage the economy, something completely unprecedented considering the Fed is famously intended to be independent. He ratcheted up these complaints even further since the outbreak of Convid-19. Then, the Fed takes the unusual step of cutting rates between sessions (for the first time since the start of the Great recession) despite a strong economy.
Edit #2: Now Trump has lashed out again, calling the Fed's move insufficient.
- ilikehurdles 7y agoSo has it been all but confirmed that the Fed is no longer an independent office?
- ars 7y agoTrump attacks all sorts of things. If people do things it's not always a result of him.