U.S. Markets close in 4 hrs 6 mins

Is Trump Right in Criticizing the Fed’s Aggressive Rate Hikes?

Annie Gilroy
Is Trump Right in Criticizing the Fed’s Aggressive Rate Hikes?

President Trump has made it clear time and again that he is not happy with the Federal Reserve raising rates (TLT) so quickly. Usually, presidents don’t interfere or comment on the Fed’s decisions. The Fed is seen as an independent authority, which is important to maintain economic stability.