Home »Money and Banking » World » Trump criticizes Fed for not ‘acting quickly’ as ECB
President Donald Trump attacked the Federal Reserve again Thursday for not "acting quickly" like its European counterpart to provide stimulus to the US economy.

After the European Central Bank unveiled a massive stimulus program earlier Thursday, Trump said on Twitter, "They are trying, and succeeding, in depreciating the Euro against the VERY strong Dollar, hurting U.S. exports."

"And the Fed sits, and sits, and sits," Trump said in the latest blast against the US central bank.

Trump has maintained a relentless campaign against the Fed and its chair, Jerome Powell, with near daily tweets criticizing the independent institution. In an outburst on Twitter on Wednesday, he called for the Fed to bring interest rates back down to zero.

Copyright Agence France-Presse, 2019


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