‘The Fed Has No Clue!’, Trump Shrieks, Citing Article About European Tourism

Apparently unsatisfied with having branded the Fed "destructive" during a manic phone interview with CNBC on Monday, Donald Trump took to Twitter on Tuesday to lambast America's central bank for the umpteenth time. Of all the Bloomberg articles the president could have chosen to illustrate the extent to which relatively hawkish US monetary policy has served to underpin the dollar and undercut the tariffs, Trump decided to target a piece on tourism in Europe. Even a cursory glance at the articl

Try one month of our best daily market and macroeconomic commentary for FREE

Try for free

Or see other subscription options to save 20% on an annual plan

Already have an account? log in

Speak your mind

This site uses Akismet to reduce spam. Learn how your comment data is processed.

3 thoughts on “‘The Fed Has No Clue!’, Trump Shrieks, Citing Article About European Tourism

  1. Since what the US has is an “import economy”, and since a higher dollar (which the fed can create at no cost) allows the US to buy more stuff, a higher dollar is what you want. Tiny has no clue.

  2. I am sure he doesn’t mind the American tourists at his resorts and golf courses in Scotland and Ireland or maybe Americans are staying away because of his politics??? A weaker dollar may get him re-elected but it will definitely hurt his properties there.

NEWSROOM crewneck & prints