US President Donald Trump has once again criticized the Federal Reserve, calling the nation’s central bank the “biggest risk” to the US economy for its policy of raising interest rates.
In a White House interview with The Wall Street Journal on Tuesday, Trump suggested that he regretted nominating Fed chairman Jerome Powell for the four-year term he started in February.
“Every time we do something great, he raises the interest rates,” Trump told the Journal.
The US president said higher interest rates would slow economic growth and add to the national debt.
“To me the Fed is the biggest risk, because I think interest rates are being raised too quickly,” Trump said.
The criticism comes after Trump last week called the Federal Reserve “my biggest threat” and said Powell was moving “too fast” in hiking rates.
Earlier in October, Trump said the US central bank has gone “crazy.”
The Fed has raised interest rates three times this year…