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Home / Business / Trump Blasts Powell on Rate Hikes, QT, and the Strong Dollar at the CPAC 2019

Trump Blasts Powell on Rate Hikes, QT, and the Strong Dollar at the CPAC 2019



"I want a dollar that does well for our country, but not a dollar that is so strong that it makes it impossible for us to do business with other nations and do their business," Trump said.

He did not & # 39; not mentioned Powell by name, but referred to "a gentleman who likes to raise interest rates in the Fed, we have a gentleman who loves quantitative tightening in the Fed, we have a gentlemen who likes a very strong dollar in the Fed."

"Can you imagine if we left the interest rate where they were, if we didn't make quantitative tightening," Trump said. "There is no inflation," he added.

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