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New York Sun: 'A much bigger problem than China'

Section: Daily Dispatches

From the New York Sun
Friday, November 30, 018

Before enplaning for the G20 meeting at Argentina, President Trump gave an eye-opening interview to the Wall Street Journal. The focus was trade, tariffs, and Communist China. Toward the end the Journal's reporter, Bob Davis, asked Mr. Trump about the Federal Reserve chairman, Jay Powell. Responded Mr. Trump: "I think the Fed right now is a much bigger problem than China."

What a remarkable thing for the -- or any -- president to say enroute to a sit-down dinner with the Chinese party boss (Messrs. Trump and Xi seem set to sup Saturday), and we, for one, were delighted to hear the president make the point. It's not that the Sun is dug in one way or another on interest rates, even if Mr. Trump is irked at the Fed chairman for raising them. It's that it opens up the monetary debate.

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