Views Article – Sharenet Wealth

News, North America

Trump says Fed has lowered rates too slowly

DAVOS, Switzerland, Jan 21 (Reuters) – Thousands of miles from his impeachment trial in the United States, President Donald Trump took centre stage at Davos on Tuesday to tout the success of the country’s economy.

Trump, who is attending his second meeting of global political and business leaders at the World Economic Forum,told a packed auditorium that the U.S. Federal Resserve had lowered interest rates too slowly.

His address picked up on some of the themes Trump voiced when he first addressed the WEF two years ago. (Reporting By Alexandra Alper; Editing by Anne Marie Roantree)

© 2019 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. "Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.
Array ( )