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19 Feb 2019 22:27
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  •   Home > News > Business

    Donald Trump has escalated his attack on the US Federal Reserve's interest rate increases

    Donald Trump has escalated his attack on the US Federal Reserve's interest rate increases, asserting the Fed is out of control and blaming it for this week's plunge in stock prices


    He says it's a correction and he thinks it's caused by the Federal Reserve with interest rates

    It 's the latest in a series of recent barrages the president has unleashed at the US Fed, which under his hand-picked chairman, Jerome Powell, has been gradually lifting rates as the economy has strengthened.

    © 2019 Newstalk ZB, NZCity


     Other Business News
     19 Feb: New Zealand gets 'punished' by Chinese tourists following Huawei ban, according to state media
     19 Feb: The budget to earthquake strengthen Wellington's Town Hall has blown out
     19 Feb: Another budget blowout for earthquake strengthening Wellington's Town Hall
     19 Feb: The Revenue Minister says talk of taxing internet companies, isn't an attempt to soften the blow of potential tax reform
     19 Feb: Media company NZME has reported a net profit of 11.6 million dollars - and says it will launch an online paywall in the second quarter of this year
     19 Feb: The Government could ban Lime scooters from operating under the Fair Trading Act
     18 Feb: The Government's looking at tax changes - to ensure digital companies like Facebook and Amazon pay their fair share
     Top Stories

    RUGBY RUGBY
    Expect to see Damian McKenzie continue at first five for the Chiefs throughout Super Rugby More...


    BUSINESS BUSINESS
    New Zealand gets 'punished' by Chinese tourists following Huawei ban, according to state media More...



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