President Donald Trump on June 24 renewed his criticism of the Federal Reserve, saying that the economy—which just had “one of the best months of June in US history”—could perform even better if the central bank didn’t increase borrowing rates.
“Despite a Federal Reserve that doesn’t know what it is doing - raised rates far too fast (very low inflation, other parts of world slowing, lowering & easing) & did large scale tightening, $50 Billion/month, we are on course to have one of the best Months of June in US history,” Trump wrote on Twitter.
