Trump Says Fed ‘Making A Big Mistake’ By Being Too Aggressive

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Updated October 11, 2018
'Treason?' Trump Asks As Senior Official Says Staff Are Against Him
US President Donald Trump speaks during a Cabinet meeting in the Cabinet Room of the White House on August 16, 2018 in Washington, DC.
MANDEL NGAN / AFP

 

President Donald Trump renewed his attacks on the US central bank on Thursday, saying it was “too aggressive” in raising interest rates.

“I think they’re making a big mistake,” Trump said on Fox & Friends.

While he acknowledged that higher rates helped savers, he criticized the Federal Reserve’s tactics.

“They’re being too aggressive.”