He’s doing this for the good of everyone…
The stock market has climbed “amid an increasing expectation from investors that the Federal Reserve and other major central banks will lower interest rates in response to coronavirus.”
Because of a “biggest single-day positive movement” Trump is pressuring the Federal Reserve to “take action to help mitigate the impact of the epidemic.”
Trump wrote, “As usual, Jay Powell and the Federal Reserve are slow to act. Germany and others are pumping money into their economies. Other Central Banks are much more aggressive. The U.S. should have, for all of the right reasons, the lowest Rate. We don’t, putting us at a competitive disadvantage. We should be leading, not following!”
….competitive disadvantage. We should be leading, not following!
— Donald J. Trump (@realDonaldTrump) March 2, 2020
Trump is making sure our economy does not take a huge hit and it’s very commendable. Read the rest of the story here.