Federal Reserve
Trump: Janet Yellen Keeping Interest Rates Low as Political Favor to Obama
The billionaire Republican presidential front-runner also said corporate inversions are on the rise.
Trump: Fed's Yellen Keeps Rates Low for Political Reasons
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According to Donald Trump, Janet Yellen's decision to delay hiking interest rates is motivated by politics.
“This is a political thing, keeping these interest rates at this level,” Trump, the billionaire Republican presidential candidate, said in a Wednesday interview with Bloomberg Television's Stephanie Ruhle. “Janet Yellen for political reasons is keeping interest rates so low that the next guy or person who takes over as president could have a real problem.”