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Donald Trump urges US Federal Reserve to reduce interest rates

"I think they should drop rates. I think they really slowed us down. There's no inflation," says Trump

Trump may declare national emergency to fund wall if deadlock continues
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Reuters Washington/New York
President Donald Trump said on Friday the US Federal Reserve should lower interest rates and take other unconventional measures to ease pressure on an economy that he said they slowed down.
 
“I think they should drop rates,” Trump told reporters. “I think they really slowed us down. There’s no inflation.” The US president also suggested that the central bank pursue an unconventional monetary policy called “quantitative easing”that was used to nurse the economy back after the global financial crisis. The technique used from 2008 to 2014 involved buying trillions of government-sponsored bonds.
 
“It should actually now be quantitative