President Trump argued Monday on Twitter that it was “incredible” that Federal Reserve policy members were considering raising interest rates again, continuing his public campaign against tighter monetary policy. The Fed will conclude its final policy meeting of the year Wednesday. Analysts widely expect the central bank to raise short-term interest rates, but the focus will be on the outlook for next year. Volatile markets and mixed inflation data have amplified investors’ doubts about how many times the Fed can raise rates.
Source: Wall Street Journal December 17, 2018 14:03 UTC