4/5/2019

ECONOMY/FEDERAL RESERVE/TRUMP AS PRESIDENT: “President Donald Trump said on Friday [4-5-19] the U.S. Federal Reserve should lower interest rates and take other unconventional measures to ease pressure on an economy that he said they slowed down…The U.S. president also suggested that the central bank pursue an unconventional monetary policy called ‘quantitative easing’ that was used to nurse the economy back after the global financial crisis. The technique used from 2008 to 2014 involved buying trillions of government-sponsored bonds.”

Steve Holland, Trevor Hunnicutt, “Trump urges Fed to lower U.S. interest rates,” Reuters, April 5, 2019 7:12 am