Trump launches fresh attack on the Federal Reserve saying they 'blew' chance to get four or even five per cent growth after defying him by not cutting interest rates Trump tweeted that the Fed 'doesn't know what it's doing' He said the U.S. was on track to having one of the best Junes in history The fed board of governors voted not to adjust it's main interest rate at its last meeting Just one governor wanted to cut rates further He compared the Fed to a 'stubborn child' Claimed the Dow Jones average would be thousands of points higher The Dow could hit a new record today
By Geoff Earle, Deputy U.s. Political Editor For Dailymail.com and Reuters
Published: 15:06 BST, 24 June 2019 | Updated: 15:08 BST, 24 June 2019
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President Donald Trump opened up yet another one of his attacks on the Federal Reserve, this time comparing the financial body to a 'stubborn child.'
Trump wrote that the independent Fed 'blew it' by not slashing rates and taking other measures to counter 'what other countries are doing against us.'
He made his comment as the Dow Jones Industrial Average was on the verge of a new record, and as he heads to Asia
