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16 Jun 2019 22:58
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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


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     Today's News

    Rugby League:
    Kiwis coach Michael Maguire's named his 19-man squad for next weekend's Pacific Nations test against Tonga at Mount Smart Stadium 21:56

    Wellington:
    Lifejackets played a major role in preventing a more serious incident in Wellington this morning 21:16

    Rugby League:
    New South Wales coach Brad Fittler's made mass changes to his side for game two of State of Origin next Sunday 20:26

    Accident and Emergency:
    Police have released the name of a man who died in a light plane crash at Coromandel Forest Park 18:56

    Law and Order:
    Auckland Police have arrested and charged a teenager over aggravated robberies and serious assaults across the city 18:36

    Boxing:
    Tyson Fury has enhanced his reputation as the world's finest heavyweight boxer by stopping Germany's Tom Schwarz in the second round in Las Vegas 18:06

    Rugby League:
    Newcastle's Mitchell Barnett is facing at least a three-game NRL ban after being charged for a crusher tackle on Melbourne's Jahrome Hughes 17:26

    Christchurch:
    Christchurch survivors and families are rebuilding their lives three months after the massacre 16:56

    Boxing:
    Tyson Fury has taken little time to assert his dominance in his return to the boxing ring 16:56

    Living & Travel:
    Two people have died after their light planes crashed into each other, catching fire, in Masterton 16:26


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