The Fed currently targets its benchmark interest rate in a range between 2.25 percent and 2.5 percent. It has hiked the rate nine times since December 2015, though it indicated in March that it likely is done with increases for the rest of 2019 despite forecasting two more at the end of last year.
Tweets in question:
China is adding great stimulus to its economy while at the same time keeping interest rates low. Our Federal Reserve has incessantly lifted interest rates, even though inflation is very low, and instituted a very big dose of quantitative tightening. We have the potential to go...
https://twitter.com/realDonaldTrump/status/1123285120864092162?s=20
....up like a rocket if we did some lowering of rates, like one point, and some quantitative easing. Yes, we are doing very well at 3.2% GDP, but with our wonderfully low inflation, we could be setting major records &, at the same time, make our National Debt start to look small!
https://twitter.com/realDonaldTrump/status/1123287154833203200?s=20
Submitted April 30, 2019 at 02:07PM by pipsdontsqueak http://bit.ly/2IQFvVk
