Alva Review-Courier -

Trump escalates his attacks on Fed: 'My biggest threat'

 

October 17, 2018



WASHINGTON (AP) — Stepping up his attacks on the Federal Reserve, President Donald Trump declared Tuesday that the Fed is "my biggest threat" because he thinks it's raising interest rates too quickly.

Trump said he doesn't speak with Chairman Jerome Powell because of the Fed's political independence but said. "I'm not happy with what he's doing because it's going too fast" in raising rates at a time when inflation has remained relatively low.

Asked about his decision as president to replace Janet Yellen with Powell, Trump said: "Can I be honest, I'm not blaming anybody. I put him there an...



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