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Donald J #Trump: “Too Late,” and the Fed, are choking out the housing market with their high rate, making it difficult for people, especially the young, to buy a house. He is truly one of my worst appointments. Sleepy Joe saw how bad he was and reappointed him anyway - And the https://t.co/yviXP9xn1c
President Donald Trump has taken aim at Fed Chair Jerome Powell and the entire Federal Reserve Board, accusing them of “choking out the housing market with their high rate.” https://t.co/dI2bN5d60y
“In many ways the Board is equally to blame,” says Trump👇, continuing the daily attacks on Powell. Note his criticism has recently expanded to the Fed Board of Governors too 👀. Watch this bc he does have *cause* to fire a couple of Governors & that might be how this plays out… https://t.co/s5P1YWr1up
President Donald Trump sharpened his attacks on the Federal Reserve on Friday, declaring that the United States “deserve[s] to be at 1%” and pressing for a rapid reduction in interest rates. Trump said the Fed’s current policy is “choking out the housing market,” contending that elevated borrowing costs are making it harder—especially for younger Americans—to purchase homes. He blamed both Chair Jerome Powell, whom he called “one of my worst appointments,” and the Board of Governors, saying they are “equally to blame” for the squeeze.
