Economics
Trump Changes Tune on Dollar After Talking Down the Currency
- President touts money pouring into ‘cherished’ dollar
- Top aide Kudlow says he wants a steady U.S. currency
Photographer: Andrew Harrer/Bloomberg
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President Donald Trump looks to have changed his tune on the U.S. dollar -- at least for now.
After repeatedly talking down the value of the currency in the past, Trump boasted on Twitter on Thursday that investors were pouring money into the greenback -- a development that would tend to push the currency up, not down.