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Trump Calls Fed a ‘Stubborn Child’ in Its Refusal to Cut Rates

Donald Trump and Jerome Powell

Donald Trump and Jerome Powell

Photographer: Andrew Harrer/Bloomberg
Updated on

President Donald Trump accused the Federal Reserve of behaving like a “stubborn child” in refusing to cut interest rates as he attacked the central bank again for keeping credit too tight.

“Now they stick, like a stubborn child, when we need rates cuts, & easing, to make up for what other countries are doing against us. Blew it!,” the president said in a tweet on Monday.