Expert: Trump Calls The Federal Reserve His ‘Biggest Threat’ …Is He Correct?

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Trump calls Federal Reserve
his ‘biggest threat’…

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ECONOMICS EXPERT: Dr. Michael Busler, Ph.D., is a public policy analyst, economics expert and a professor of finance at Stockton University in New Jersey. He is a featured columnist at Newsmax, Lifezette, and Townhall.com.

“President Donald Trump reignited his controversial criticism of the central bank Tuesday, calling the Federal Reserve his “biggest threat.”

Trump followed up previous strong attacks on the Fed by complaining again that interest rates are rising too quickly.

“My biggest threat is the Fed, because the Fed is raising rates too fast,” he told Fox Business television.

Trump acknowledged that the central bank is independent, “so I don’t speak to them,” but then leveled direct criticism at Fed Chairman Jerome Powell, who he said should be slower on interest rate rises.

“It’s going too fast, because you look at the last inflation numbers — they’re very low,” he said.”

BIO: Michael Busler, Ph.D. is a public policy analyst and a Professor of Finance at Stockton University where he teaches undergraduate and graduate courses in Finance and Economics. He has written Op-ed columns in major newspapers for more than 35 years.

WEBSITE: muckrack.com/michael-busler

FACEBOOK: www.facebook.com/michael.busler

TWITTER: @mbusler