Trump Says Fed `Would Be Foolish' to Raise Rates This Month
- President speaks to Reuters ahead of Fed meeting next week
- Investors forecast 70% chance Fed will raise rates again
President Donald Trump on Dec. 11.
Photographer: Yuri Gripas/BloombergThis article is for subscribers only.
President Donald Trump urged the Federal Reserve not to proceed with an expected interest-rate increase when it meets next week, continuing his public campaign against further rate hikes.
“I think that would be foolish, but what can I say?,” Trump said in an interview with Reuters at the White House on Tuesday.