Trump jawbones Fed on rates, wishing for rocket-like economy

April 30, 2019

WASHINGTON (Reuters) – President Donald Trump on Tuesday launched his latest salvo at the Federal Reserve, saying the U.S. economy could go “up like a rocket” if the central bank were to cut interest rates.

“We have the potential to go … up like a rocket if we did some lowering of rates, like one point, and some quantitative easing,” he said on Twitter.

(Reporting by Tim Ahmann; Editing by Phil Berlowitz)

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