 "Washington: President Donald Trump speaks to members of the media at the White House in Washington, Wednesday, July 24, 2019, as he departs for a short trip to Andrews Air Force Base, Md., and onto Wheeling, W.Va., for a fundraiser. AP/PTI(")
President Donald Trump blamed Federal Reserve Chairman Jerome Powell and his colleagues at the central bank for hurting manufacturing companies after a key gauge of the industry’s health posted its weakest reading since the end of the last recession.
“As I predicted, Jay Powell and the Federal Reserve have allowed the Dollar to get so strong, especially relative to ALL other currencies, that our manufacturers are being negatively affected,” Trump tweeted Tuesday.
The outburst followed the release of the Institute for Supply Management’s factory index, which slipped to its lowest level since June 2009. The measure of export orders, a
