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Trump says dollar too strong, swipes at Fed for rate hikes

Section: Daily Dispatches

By Alyza Sebenius
Bloomberg News
Saturday, March 2, 2019

President Donald Trump said today that the U.S. dollar is too strong, and took a swipe at Federal Reserve Chairman Jerome Powell as someone who "likes raising interest rates."

The U.S. economy is doing well in spite of the actions of the central bank, Trump said during a wide-ranging speech at the Conservative Political Action Conference in National Harbor, Maryland.

"I want a strong dollar but I want a dollar that does great for our country, not a dollar that's so strong that it makes it prohibitive for us to do business with other nations and take their business," Trump said. ...

... For the remainder of the report:

https://www.bloomberg.com/news/articles/2019-03-02/trump-says-dollar-too...



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