11/18/2019, 4:52 PM (Source: TeleTrader)
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Trump hails 'very good' meeting with Powell

United States President Donald Trump took to Twitter on Monday to praise his meeting with the Federal Reserve President Jay Powell, stating they discussed "everything".

"Just finished a very good & cordial meeting at the White House with Jay Powell of the Federal Reserve. Everything was discussed including interest rates, negative interest, low inflation, easing, Dollar strength & its effect on manufacturing, trade with China, E.U. & others, etc." Trump tweeted.

Trump was previously highly critical of the US central bank and its head, claiming it was putting the country at a "competitive disadvantage" with its monetary policy.

Breaking the News / MD