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Trump Says Fed Should Reduce Rates to 'Zero or Less'

By Catherine Lucey 

WASHINGTON -- President Trump renewed his call for lower interest rates and his criticism of the Federal Reserve Wednesday, saying on Twitter that the Fed should reduce rates to "ZERO, or less."

He said the U.S. should always be paying the lowest rate and complained that the "naivete" of Chairman Jerome Powell and the Fed means that this was a "once in a lifetime opportunity that we are missing because of 'Boneheads.' "

 

(END) Dow Jones Newswires

September 11, 2019 07:43 ET (11:43 GMT)

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