Trump says Fed 'doesn't know what it is doing' - Twitter

Trump says Fed 'doesn't know what it is doing' - Twitter
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WASHINGTON (Reuters) – U.S. President Donald Trump again criticized the Federal Reserve on Monday for not cutting interest rates, keeping up his pressure on the central bank to change its policies.

“Despite a Federal Reserve that doesn’t know what it is doing – raised rates far to fast (very low inflation, other parts of world slowing, lowering & easing) & did large scale tightening, $50 Billion (39 billion pounds)

/month, we are on course to have one of the best Months of June in U.S. history,” he wrote on Twitter.

(Reporting by Doina Chiacu; Editing by Chizu Nomiyama)

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