Trump on Interest Rates: I’m Very Disappointed in the Fed

EXCERPT:

TRUMP: "The Fed move in my opinion, far too early and far too severely. It puts me at a somewhat of a disadvantage. Fortunately, I’ve made the economy so strong that nothing is going to stop us. But the Fed could have made it a lot easier. I would like to see a large cut and I’d like to see immediately the quantitative tightening stopped. It needs to be stopped. For them to have done quantitative tightening and also higher interest rates simultaneously I think was a big mistake. I also think that had they not done it, as good as we’ve done, we’ve set a record, as you will sa,y in the stock market, we have the all-time high in the history of the stock market, I think I would have been 10,000 points higher and I think we would have been in the 4s with GDP. President Obama had zero interest rates. We have normalized interest rates. With zero interest rates, anything happens. And yet we still blew his economy away."