'Big mistake' — Trump blasts Fed for curbing growth and shackling stocks by hiking interest rates
President Trump slammed the Fed for raising interest rates in 2017 and 2018.The economy would be growing faster and the stock market could be more than a third higher if the central bank hadn't hiked rates, Trump said."I could see 5,000 to 10,000 points more on the Dow. It was just a big mistake.
"Had we not done the big raise on interest, I think we would have been close to 4%," Trump told CNBC."I could see 5,000 to 10,000 points more on the Dow. It was just a big mistake."switched direction last year with three cuts"That was a big blip that should not have taken place," Trump said about the hikes."It should not have happened."
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