Economics
Trump Says a ‘Small Rate Cut Is Not Enough’ Ahead of Fed Meeting
- Central bank expected to make quarter-point cut on Wednesday
- President sees other central bank moves as aimed at currencies
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President Donald Trump renewed his attack on the Federal Reserve ahead of its meeting this week, complaining it “probably will do very little” to counteract actions by Europe and China to ease monetary policy and declaring “a small rate cut is not enough.”
U.S. central bankers are widely expected to lower interest rates by a quarter-percentage point when they gather Tuesday and Wednesday in Washington.