Categories for Federal Reserve

27,394. 8/14/2019

FEDERAL RESERVE/TRUMP AS PRESIDENT: “..Spread is way too much as other countries say THANK YOU to clueless Jay Powell and the Federal Reserve. Germany, and many others, are playing the game! CRAZY INVERTED YIELD CURVE! We should easily be reaping big Rewards & Gains, but the Fed is holding us back. We will Win!”

Donald Trump, Twitter.com, August 14, 2019 2:21 pm

27,393. 8/14/2019

CHINA/FEDERAL RESERVE/JOBS/TRUMP AS PRESIDENT: “We are winning, big time, against China. Companies & jobs are fleeing. Prices to us have not gone up, and in some cases, have come down. China is not our problem, though Hong Kong is not helping. Our problem is with the Fed. Raised too much & too fast. Now too slow to cut….”

Donald Trump, Twitter.com, August 14, 2019 2:21 pm

27,392. 8/14/2019

FEDERAL RESERVE/TRUMP AS PRESIDENT: “The Great Charles Payne @cvpayne correctly stated that Fed Chair Jay Powell made TWO enormous mistakes. 1. When he said ‘mid cycle adjustment.’ 2. We’re data dependent. ‘He did not do the right thing.’ I agree (to put it mildly!). @Varneyco”

Donald Trump, Twitter.com, August 14, 2019 12:14 pm

27,389. 8/14/2019

FEDERAL RESERVE/TRUMP AS PRESIDENT: “‘The Fed has got to do something! The Fed is the Central Bank of the United States, not the Central Bank of the World.’ Mark Grant @Varneyco Correct! The Federal Reserve acted far too quickly, and now is very, very late. Too bad, so much to gain on the upside!” 

Donald Trump, Twitter.com, August 14, 2019 10:39 am

27,285. 8/8/2019

FEDERAL RESERVE/TRUMP AS PRESIDENT: “….John Deere, our car companies, & others, to compete on a level playing field. With substantial Fed Cuts (there is no inflation) and no quantitative tightening, the dollar will make it possible for our companies to win against any competition. We have the greatest companies…”

Donald Trump, Twitter.com, August 8, 2019 9:38 am

27,284. 8/8/2019

FEDERAL RESERVE/TRUMP AS PRESIDENT: “….in the world, there is nobody even close, but unfortunately the same cannot be said about our Federal Reserve. They have called it wrong at every step of the way, and we are still winning. Can you imagine what would happen if they actually called it right?”

Donald Trump, Twitter.com, August 8, 2019 9:38 am

27,283. 8/8/2019

ECONOMY/FEDERAL RESERVE/TRUMP AS PRESIDENT: “As your President, one would think that I would be thrilled with our very strong dollar. I am not! The Fed’s high interest rate level, in comparison to other countries, is keeping the dollar high, making it more difficult for our great manufacturers like Caterpillar, Boeing,…..”

Donald Trump, Twitter.com, August 8, 2019 9:38 am

27,249. 8/7/2019

FEDERAL RESERVE/TRUMP AS PRESIDENT: “….terrible thing to watch, especially when things could be taken care of sooo easily. We will WIN anyway, but it would be much easier if the Fed understood, which they don’t, that we are competing against other countries, all of whom want to do well at our expense!” 

Donald Trump, Twitter.com, August 7, 2019 7:46 am

27,247. 8/7/2019

CHINA/FEDERAL RESERVE/TRUMP AS PRESIDENT: “‘Three more Central Banks cut rates.’ Our problem is not China – We are stronger than ever, money is pouring into the U.S. while China is losing companies by the thousands to other countries, and their currency is under siege – Our problem is a Federal Reserve that is too…..” 

Donald Trump, Twitter.com, August 7, 2019 7:46 am

27,248. 8/7/2019

FEDERAL RESERVE/TRUMP AS PRESIDENT: “….proud to admit their mistake of acting too fast and tightening too much (and that I was right!). They must Cut Rates bigger and faster, and stop their ridiculous quantitative tightening NOW. Yield curve is at too wide a margin, and no inflation! Incompetence is a…..”

Donald Trump, Twitter.com, August 7, 2019 7:46 am

27,190. 8/5/2019

CHINA/FEDERAL RESERVE/TRUMP AS PRESIDENT: “China dropped the price of their currency to an almost a historic low. It’s called ‘currency manipulation.’ Are you listening Federal Reserve? This is a major violation which will greatly weaken China over time!”

Donald Trump, Twitter.com, August 5, 2019 7:12 am

27,138. 8/2/2019

CHINA/FEDERAL RESERVE/TARIFFS/TRUMP AS PRESIDENT: “President Trump announced another wave of China tariffs this week, essentially saying he would impose a tax on nearly all $540 billion in Chinese goods that come into the United States in a year. And this batch could really bite. The administration carefully tailored previous rounds of tariffs to pinch businesses in ways that most Americans might not notice. But the 10 percent levy on $300 billion of imports that Mr. Trump announced on Thursday [8-1-19], which would take effect Sept. 1, is expected to hit consumers where it hurts. From Apple’s iPhones to school supplies, a broad swath of everyday products are about to get more expensive. The latest move is likely to prompt companies to submit exclusion requests to be spared from the tariffs, cause the Federal Reserve to rethink its plans for interest rates and inspire fresh retaliation from China that could compound Americans’ economic pain.”

Alan Rappeport, Jeanna Smialek and Nelson D. Schwartz, “Trump Plans More Tariffs for China. You’ll Feel This Round.,” The New York Times online, August 2, 2019

27,101. 8/1/2019

ECONOMY/FEDERAL RESERVE/TRADE DEALS/TRUMP AS PRESIDENT: “Here’s a question for economy watchers: Is American economic policy in 2019 more like ouroboros, the ancient Egyptian symbol of a snake eating its own tail, or maybe more like an M.C. Escher painting in which a series of stairs wrap around a room in mind-bending ways? Both seem like decent approximations of the strange ways in which trade policy, monetary policy and financial markets are intersecting this year. And never more so than this week. On Wednesday [7-31-19], the Federal Reserve cut its main interest rate target, aiming to guard the American economy against damage from ‘trade uncertainty’ and a slowing world economy, as the Fed chair, Jerome Powell, said at a news conference. But markets fell, with investors interpreting his comments to mean that the Fed won’t cut rates much more in the months to come. Then on Thursday, President Trump announced a new round of 10 percent tariffs on $300 billion worth of China exports, suggesting that a trade war détente from earlier the summer may be coming to an end.”

Neil Irwin, “The Increasingly Bizarre Interplay Between Trump’s Trade Policy and the Fed,” The New York Times online, August 1, 2019

27,099. 8/1/2019

ECONOMY/FEDERAL RESERVE/TARIFFS/TRUMP AS PRESIDENT: “A fresh tariff threat from President Trump sank stocks on Thursday [8-1-19], pushing the S&P 500 to its fourth consecutive daily decline and reinvigorating investor worries about the outlook for the global economy. The trading day didn’t start out so badly. Stocks rose throughout the morning, after the Federal Reserve cut interest rates on Wednesday [7-31-19], with the S&P 500 gaining as much as 1 percent by the early afternoon. Then, just before 1:30 p.m., Mr. Trump said on Twitter that the United States would impose a 10 percent tariff on an additional $300 billion worth of Chinese imports starting in September. Over the next hour, the market’s gains quickly melted away. Outside the stock market, benchmark oil prices, which are highly sensitive to the global economic outlook, plunged 7 percent and yields on government bonds tumbled. The S&P 500 closed down 0.9 percent, led by drops in the energy and financial sectors, both of which fell more than 2 percent. The tech heavy Nasdaq composite index fell 0.8 percent.”

Matt Phillips, “Stocks Sink After a New Tariff Threat From Trump,” The New York Times online, August 1, 2019

27,088. 7/31/2019

FEDERAL RESERVE/TRUMP AS PRESIDENT: “Experts stated that the Fed should not have tightened, and then waited too long to undo their mistake. James Bullard of St. Louis Fed said they waited too long to correct the mistake that they made last December. ‘Mistake, Powell cut rate and then he started talking.’ @LouDobbs” 

Donald Trump, Twitter.com, July 31, 2019 7:17 pm

27,080. 7/31/2019

CHINA/FEDERAL RESERVE/TRUMP AS PRESIDENT: “What the Market wanted to hear from Jay Powell and the Federal Reserve was that this was the beginning of a lengthy and aggressive rate-cutting cycle which would keep pace with China, The European Union and other countries around the world….”

Donald Trump, Twitter.com, July 31, 2019 3:41 pm

27,079. 7/31/2019

FEDERAL RESERVE/TRUMP AS PRESIDENT: “….As usual, Powell let us down, but at least he is ending quantitative tightening, which shouldn’t have started in the first place – no inflation. We are winning anyway, but I am certainly not getting much help from the Federal Reserve!”

Donald Trump, Twitter.com, July 31, 2019 3:41 pm

27,012. 7/29/2019

FEDERAL RESERVE/TRUMP AS PRESIDENT: “The Fed ‘raised’ way too early and way too much. Their quantitative tightening was another big mistake. While our Country is doing very well, the potential wealth creation that was missed, especially when measured against our debt, is staggering. We are competing with other…..”

Donald Trump, Twitter.com, July 29, 2019 8:18 am

27,011. 7/29/2019

CHINA/EU/FEDERAL RESERVE/TRUMP AS PRESIDENT: “….countries that know how to play the game against the U.S. That’s actually why the E.U. was formed….and for China, until now, the U.S. has been ‘easy pickens.’ The Fed has made all of the wrong moves. A small rate cut is not enough, but we will win anyway!” 

Donald Trump, Twitter.com, July 29, 2019 8:18 am

27,004. 7/29/2019

CHINA/EU/FEDERAL RESERVE/TRUMP AS PRESIDENT: “The E.U. and China will further lower interest rates and pump money into their systems, making it much easier for their manufacturers to sell product. In the meantime, and with very low inflation, our Fed does nothing – and probably will do very little by comparison. Too bad!” 

Donald Trump, Twitter.com, July 29, 2019 6:48 am

26,939. 7/26/2019

ECONOMY/FEDERAL RESERVE/TRUMP AS PRESIDENT: “Q2 GDP Up 2.1% Not bad considering we have the very heavy weight of the Federal Reserve anchor wrapped around our neck. Almost no inflation. USA is set to Zoom!”

Donald Trump, Twitter.com, July 26, 2019 9:40 am

26,912. 7/25/2019

ECONOMY/ELECTION/FEDERAL RESERVE/TRUMP AS PRESIDENT: “President Donald Trump has one main job between now and Election Day 2020: Don’t screw up the economy. And he’s increasingly listening to internal and external advisers telling him the best way to postpone an economic slowdown is to turn down the burners on his trade wars, avoid any fiscal meltdowns and lay off criticizing the Federal Reserve chairman. All of this could flip on a presidential whim. But at the moment, Trump is poised to sign a spending increase that removes the risk of a potentially disastrous debt default and avoids sucking federal dollars out of the economy. Top advisers are jetting off to China next week to continue talks toward a potential trade deal. And after months of presidential bashing, Fed Chair Jerome Powell is poised to deliver a long-desired rate cut next week. If all this holds, some of the biggest risks to Trump’s top reelection selling point could fade.”

Ben White and Daniel Lippman, “Trump’s ‘don’t screw it up’ caucus keeps winning,” Politico, July 25, 2019 12:00 pm

26,801. 7/22/2019

FEDERAL RESERVE/TRUMP AS PRESIDENT: “It is far more costly for the Federal Reserve to cut deeper if the economy actually does, in the future, turn down! Very inexpensive, in fact productive, to move now. The Fed raised & tightened far too much & too fast. In other words, they missed it (Big!). Don’t miss it again!” 

Donald Trump, Twitter.com, July 22, 2019 7:05 am

26,800. 7/22/2019

FEDERAL RESERVE/TRUMP AS PRESIDENT: “With almost no inflation, our Country is needlessly being forced to pay a MUCH higher interest rate than other countries only because of a very misguided Federal Reserve. In addition, Quantitative Tightening is continuing, making it harder for our Country to compete. As good…..”

Donald Trump, Twitter.com, July 22, 2019 7:02 am

26,799. 7/22/2019

FEDERAL RESERVE/TRUMP AS PRESIDENT: “….as we have done, it could have been soooo much better. Interest rate costs should have been much lower, & GDP & our Country’s wealth accumulation much higher. Such a waste of time & money. Also, very unfair that other countries manipulate their currencies and pump money in!” 

Donald Trump, Twitter.com, July 22, 2019 7:02 am