Trump Vs. The Fed, Or Trump Vs... Trump?

Jul 24, 2018

Last week, President Trump told CNBC that he doesn't like the Federal Reserve's policy of gradually raising interest rates. In particular, he laments that rising interest rates will lead to a stronger dollar, potentially exacerbating the U.S. trade deficit.

The dollar has strengthened this year, but if President Trump wants to assign blame for the stronger dollar, then he should save most of it for his own agenda.

Josh Barro of Business Insider joins us to discuss.

Links:

Trump is mad about Fed rate hikes, but he only has himself to blame for them.

Nominal Broad Dollar Index

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