Trump called Do not raise interest rates
Dec 14, 2018| US President Trump once again asked the Fed to stop raising interest rates. This is his second statement in a week.
On December 14, local time, US President Trump once again pressured the Fed, saying that he did not want to see a rate hike again this time. "We are close to the normal interest rate level." Trump said in an interview with Fox News that the United States The economy is recovering and the current interest rate is already in a more normal range.
However, the market generally expects the Fed to announce the fourth rate hike during the year of the December 18-19 meeting, and the rate hike next year has been significantly weakened.
On December 11, US President Trump accepted an exclusive interview with Reuters at the Oval Office of the White House.
He told Reuters, "In my opinion, we are doing very well. Our team is doing very well. If the Fed wants a reasonable and rational response, I think we will -- I think we are a rising rocket."
With regard to the Fed’s high probability of raising interest rates next week, he bluntly said, “Well, I think this is stupid, but what can I say? You know, I put a person there. If they do, I will feel Disappointed, I think many people will be very disappointed."