Federal Reserve would be 'foolish' to raise rates next week: Trump


President Donald Trump said on Tuesday it would be a mistake if the Federal Reserve raises interest rates when it meets next week, as it is expected to do, continuing his criticism of the U.S. central bank. "I think that would be foolish, but what can I say?" Trump told Reuters in an interview.

Trump added that he needed the flexibility of lower interest rates to support the broader U.S. economy as he fights a growing trade battle against China, and potentially other countries. "You have to understand, we're.

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