Sunday, 1 March 2020

Trump calls for Fed relocation in the middle of coronavirus fallout

” Our Fed should start being a leader,” President Trump said on Saturday at a White Home press conference. “We must have the most affordable interest rates. We do not have the most affordable rates of interest. Our Fed rate is higher. You look at Germany, you look at Japan, you look at other nations: many of them have negative rates and we are not put in that position due to the fact that of our Fed.”

” And now we have this problem,” he declared, referring to the coronavirus. “You saw where Germany is reducing and also infusing a great deal of cash into their economy. I have not heard our Fed say they need to do this.”

” We could refinance our debt at even lower rates. Our Fed is making us pay more than we ought to and that’s ludicrous.”

Trump will hold another interview today on the latest coronavirus advancements at 1: 30 pm ET.

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source https://jobsearchtips.net/trump-calls-for-fed-relocation-in-the-middle-of-coronavirus-fallout/

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