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Message: Trump Demands Fed To Restart QE, Urges 100bps Rate Cut
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Jan 19, 2016 09:43PM

Despite the "strongest economy in the world," it appears President Trump is not satisfied.

"Our Economy is very strong, despite the horrendous lack of vision by Jay Powell and the Fed, but the Democrats are trying to “will” the Economy to be bad for purposes of the 2020 Election.  Very Selfish! Our dollar is so strong that it is sadly hurting other parts of the world..."

 

And for the first time, Trump also called for more QE...

"The Fed Rate, over a fairly short period of time, should be reduced by at least 100 basis points, with perhaps some quantitative easing as well. If that happened, our Economy would be even better, and the World Economy would be greatly and quickly enhanced-good for everyone!"

Which is amusing considering that not that long ago, the same Trump warned that the Fed's reckless policies need to be stopped or "we will face record inflation"...

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