President Donald Trump launched a fresh attack on the U.S. Federal Reserve on Tuesday as policymakers opened a two-day meeting that was expected to end with a decision to lower interest rates.
“The Fed doesn’t have a clue! We have unlimited potential, only held back by the Federal Reserve,” Trump said on Twitter.
Trump, in a departure from his White House predecessors who refrained from commenting on Fed policy, has made a habit of criticizing the U.S. central bank for decisions he argues kept borrowing costs too high for too long.
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