President Donald Trump said the U.S. Federal Reserve should lower interest rates and take other unconventional measures to ease pressure on an economy that he said they slowed down.
“I think they should drop rates,” Trump told reporters. “I think they really slowed us down. There’s no inflation.”
Trump also suggested that the central bank pursue a monetary policy called “quantitative easing” that was used to help the economy after the global financial crisis. The technique used from 2008 to 2014 involved buying trillions of government-sponsored bonds.