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Trump “Protests” Fed Rates

In a Monday meeting with Fed chairman Powell, the president urged lowering interest rates to match those in other developed countries.

By Jeff Kearns, Justin Sink & Josh Wingrove | November 18, 2019 at 01:58 PM

President Donald Trump said that he “protested” U.S. interest rates that he considers too high relative to other developed countries in a meeting on Monday with Federal Reserve Chairman Jerome Powell.

Powell met with Trump and Treasury Secretary Steven Mnuchin at the White House residence in the morning at the president’s request to discuss the economy. It was the second face-to-face encounter this year between Trump and Powell amid the president’s relentless criticism of the U.S. central bank.

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