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President Trump tweets: "Australia's Central....>

FED
FED: President Trump tweets: "Australia's Central Bank cut interest rates and
stated it will most likely further ease in order to make up for China's
Coronavirus situation and slowdown. They reduced to 0.5%, a record low. Other
countries are doing the same thing, if not more so. Our Federal Reserve has us
paying higher rates than many others, when we should be paying less. Tough on
our exporters and puts the USA at a competitive disadvantage. Must be the other
way around. Should ease and cut rate big. Jerome Powell led Federal Reserve has
called it wrong from day one. Sad!"
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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