Trump just said that despite the actions of the Fed, the economy is doing quite well, but if the Fed does what the President wants…
President Trump is at it again.
First, just yesterday, on Thursday, he Tweeted this:
Despite the unnecessary and destructive actions taken by the Fed, the Economy is looking very strong, the China and USMCA deals are moving along nicely, there is little or no Inflation, and USA optimism is very high!
— Donald J. Trump (@realDonaldTrump) April 4, 2019
Since then, however, the rhetoric has picked up.
From Bloomberg, President Trump speaking to reporters on Friday, 04-05-19:
Recall, he may be the same man, but President Trump’s words are very different from Candidate Trump’s words:
As did Donald Trump:
The Fed’s reckless policies of low interest and flooding the market with dollars needs to be stopped or we will face record inflation.
— Donald J. Trump (@realDonaldTrump) September 29, 2011
It should be noted that the same “reckless policies” that Donald Trump Tweeted about in September of 2011 are the very same Fed policies of April 2019.