Trump 'not happy' with the Fed for raising interest rates - News Summed Up

Trump 'not happy' with the Fed for raising interest rates


President Donald Trump isn't happy with the latest hike in interest rates. The Federal Reserve on Wednesday raised rates for the third time this year, reflecting a strong economy with low unemployment. "I'd rather pay down debt or do other things, create more jobs, so I'm worried about the fact that they seem to like raising interest rates. The Fed has been gradually raising rates for three years, finally restoring them to normal levels long after the financial crisis. "I'm not thrilled with his raising of interest rates, no.


Source: CNN September 26, 2018 19:09 UTC



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